Short term moves dont matter so much, this is just price revision of fairly recent action. I dont mind speculation because it can be profitable but I dont assume these trends last or alter the wider picture beyond each week. We're going to get more serious statement of affairs going into Jan and Feb price action, right now this could be said to be the foundation for those moves.
Yet again today its still mostly sideways, that'll process and turn into a proper move as we average out.