Heading North.

The Friday closing for Bursa index is 1360.65 whilst the Mdex is 1357.5
Both of these indices point to a Dragonfly Doji formation beautifully constructed by the market makers.Chartwise if you look back at the trading range of 01.06.07 ie:1357.0 - 1374.0 this covering of the range is going to materialise in the week to come.
Monday indices might open with a gap-up and quite possibly index futures might command a premium.Our market might do the catching up game.
The uptrend is still intact but this month range is very limited to 70 point range for MDEX.
What Is A Dragonfly Doji?
It should have a long lower shadow which indicates that the market moved significantly lower during the session however the bulls exerted enough buying pressure to force the price back up to the opening level.
The dragonfly doji is closely related to the Hammer which is also found at the bottom of a downtrend & signify the start of a reversal.