On the hourly, Momentum and MACD still sitting high in the oversold region, however stochastic starting to turn....
However looking at the 15 minute I would suggest we are starting to see a consolidation of price based on diminishing volumes and coming together of the MACD, easing of momentum and steadying of the Stochastic.
Will have to wait and see if we have another arvo bull run as the D/T's take their bat and ball and head for home.
Probably better to have a few days of consolidation at these levels to create a nice little support base to rise from.
GLTAH
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