NIFTY EOD Analysis as on 7th June 2010

  Red candlestick with lower volumes than yesterday showing selling pressure, but with decreased enthusiasm among bears.
CMF is showing +ve bias compared to yesterday(+).
Stochastics is showing +ve bias(+) and now it is in OB area.
EMA3 is above EMA13 (+). EMA3 resistance at 5060(-). EMA 13 resistance at 5040(~).
Slope of EMA 13 is flat.(~)

Answers for Yesterday
Bears came into the field after the global happenings. But, the volume was low if we compare it to up days. Also, today's volume was low when we take into account the downdays of previous week's volume.

Questions
What's going to happen next? Let's wait and watch.