The rally on Monday formed a good base for upside potential, but weakness must remain limited by the midpoint of Monday’s session, 121-10, to keep the bullish Candlestick on track. The lack of a directional signal on ADX will make strong moves in either direction unlikely to continue. Stochastics is rising from oversold, but a push above a value of 40 is needed to indicate a more robust push higher is underway.
