Before the market opens this week, I have to point out that last week was pretty incredible, I have to admit that at this point I have no idea where we are headed unless the range of this weeks bar is taken out in either direction. If the low is taken out then am bearish and if the hight is taken out then am bullish, but given the ammount of buying in that bar and strong close I am abit more bullish. I expect a chop week the low or the high might be tested and you never know with volatility rising we might test them both! I am in safe mode this week unless am convinced of a move in either. In terms of uncertainty, be patient and wait for confirmation and the market will show its hand.
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