All Ords - Will it break through or break down?

The XAO Indicator is still positive, although it has gone sideways for the past two weeks. Looks to me as though it can't make up its mind - to break through or break down. Personally I am becoming more confident that it will ultimately continue its upward move. On the other hand, that's a typical emotion to have near the top of the market. Let's review the resistance we are up against right now. First, the current resistance falls on a 61.8% retracement of the move down from the April high to the May low. Secondly, there's that long downward trendline connecting the November 2007 high and the April 2010 high that the market has to get through to move higher. Thirdly, the 4700 to 4750 resistance level I have previously mentioned is also a resistance zone highlighted by the Advanced Get software. Oh and one another thing, an astrologer wrote recently says that by mid-October the stockmarket will be back in the headlines again . . .  well, we'll see. Here's an updated chart. By the way, if the market breaks through the resistance, there's a good chance it will break hard and it is not difficult to see the market running to 5000 in quick time.