On the monthly looks like we will get an inside bar so no indication of direction this month........ Next month we should open between 1350 and 1363 based on current high and low for August and need to breakout from there for direction.
Prices are struggling to get through the Q channel MLU and a lower 1350 open next month will favour the top at least on the monthly fractal being either M-4 for the bearish count, and W1 for the bullish count. In the weekly below I have shown the wave failure from easter as this would explain the expanding triangle we have had March/ April / May without an opening triangle following December low, and would give us a valid count to last months high.
A trend change confirmation would be a break of the dashed red MLL which this week stands at 1295.26, just below @hermann 1300, which is just below pivotal support at 1310 and 1305. As @hermann count one more marginal high above last weeks high but below 1367 should complete c-2.
In both charts I have shown the forming triangles which are opening waves which should give us direction before the en of September.