Vindicator is not giving any clear signals, although the selling pressure as measured by the Sell line is rapidly fading.
The Trendline/Oscillator system remains in bear mode with prices still comfortably below the down trend line and the Oscillator still below 20 and actually turning down into the close.
So all in all we're treading water, probably just long enough to work off oversold conditions from the recent strong downdraft and set things up for at least one more dive. Very much typical corrective action.
