Their charts are also not showing much direction...
Bulls appear tired and those bears in pain have exited creating the huge 6% run we saw yesterday...
now its those bulls who sat on the sidelines and missed to 20% move up... they are the ones who feel the pain of missed opportunity... will drive prices up
Bears who got burnt shorting the move up will wait for some news to hammer it down... they are cautious and wont act in a hurry...
mentally, we expect a slow drift today and every dip will be bought... every rally will be used to book profit by the bulls... since bulls are incharge of this market as of now...