Good morning everyone. I am taking a look at the weekly this morning and I see that we closed above the 50 MA. It was very close and we seem to be testing it right now pretty hard, but we did close above it. This week was pretty wild. We sank as low as 6500 and rose all the way up to around 7800. We are approaching the cloud which is very thin and since it is so thin in this particular area I assume the candles will have little difficulty breaking through. If that happens we will be under the weekly cloud once more which is bearish. RSI has not been this low since around February of this year. We still have room to go down on the weekly RSI because we are not even in the oversold area yet. Today is Monday and Im curious to see how the market will react with people coming off their holiday weekend. We could be in for some sideways movement today as we are stuck in the middle of the 4hr cloud again. Lets see if the bulls wanna play today. (WTFDIK)