Blokes,
For DMI followers, the ADX (14) looks a little overcooked. But that's not to say that this will contain the price - it is just signalling its a little overbought.
Twiggs Money Flow keeps coming back to test zero (will happen once again tomorrow). There has been a small trendline on the Twiggs that has developed. Respecting this, should mean a neutral if not up-day tomorrow.
MACD would look better if we had an up-day tomorrow.
Stochastics is showing much strength - from a zero reading on the last dip (extreme oversold), it is now pushing out of a higher low suggesting higher prices tomorrow.
Test today on low volume also signals that we are ready to move on.
Prediction - close > 5.2c will occur no later than Wednesday.
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