There are a few bullish trading cycles lined up on September...Not a lot, but could be enough to take it to the next turning point in January...Then you will have a move down into May then up. If it breaks down then you will turn up in Jan. and then  down in May. 

The trading cycles are bullish cycles based on the number of up bars before a correction occurs, when several of these different length cycles start to line up on the same bar they act as turning signals.