NIFTY50.....Boring!Nifty 50 IndexNSE_DLY:NIFTYruebennaseHello Traders, the NIFTY50 hasn't made much progress at the last two days. It closed the week @ 23658. The last low on Wednesday, 13th is valid and it touched the 50% range of the „FVG“ and moved to the upside. So, Momentum shows weakening trend, and RSI rising below it's 50% area. A good sign for an ongoing advance is the fact, that we have seen a gap-up at the candlers from May 13 to 14. The move from the high at 24601 is still a „three-down“ and as long it is valid, the path is to the upside. This idea will be eliminated by a decline below it's 0.78 Fibo @22679 by daily close. Possibly a close of the gap from Tuesday 7th to Wednesday 8th is to favor, but not for sure. Well friends, not much to say! The situation is not clear and I will update, as the chart becomes clearer and I get more info's @ the coming move! Have a great weekend..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk