Looking at candle and other indicators the SP is in no mans land. However a Bullish Long Legged Doji Pattern has emerged showing confusion and indecision; but indicates a possible reversal. Bollinger Bands are starting to widen after a one month narrowing period; another reversal signal. RSI and Stochastic are flat lined. 20MA is showing a downward movement and sitting on $1.075; 5MA at .98. If Monday's session opens with a gap up or the last closing price and remains at or above those prices during the day or closes with a white candlestick above the previous close; a reversal maybe on the cards. Overseas markets and futures movements should also be considered. All IMO.
at the turn of the tide...at first light , page-5
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