This weekly close could be one of the most trend defining candles we could ask for. If we close this candle underneath the 50 MA (anywhere in the mid to low 6k's) this could mean a testing of the 200 is not only practical, but probable. However, all hope is not lost. The bulls still have a chance to step up. A close at the current price action, or above would print a doji or a morning star pattern and could signal the next rally. It will all come down to the close we get at the end of the weekend.
