A bullish finish to a volatile week. Despite the early quote problems, price rallied following Thursday's corrective action. However, the short duration of the NASDAQ quote glitch does not likely account for the lacklustre volume. We have an inside day and we need to see more proof to determine whether or not Thursday's sell off was a one day correction or the start of something more substantial.The weekly chart has just carved out two hammer/hanging men type candlesticks and after such a lengthy leg up, I favor the hanging men scenario, but again a hanging man needs confirmation because the long lower shadow is bullish.
No economic data scheduled for Monday.
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