something to think about for monday, page-49

Looking at my daily charts Monday has a few options. Looking at just the triangle a small green day would fit neatly into the consolidation pattern and most of my indicators are fairly neutral. My smoothed RSI is hooked over nicely at 50 suggesting the start of another leg down. It's a reasonably sharp roll which is not common for that indicator. I guess that mean either a small green day or a big red breakout of the triangle. Not really a "place a bet" kind of day. When in doubt, wait for the market to show you the way and in current conditions after it shows you the way, the bandwagon is full, so hang on.