
The market ended the week mixed after another dull session that added basically no new information from a technical view. The market advanced while the Oil dropped. This could happen again next week, but the technicals are now not the same we had last week with major indices in short-term oversold conditions.
Here an interesting chart:
Sigma Designs Inc.
(SIGM)
gapped down off a bear flag on Friday. The stock closed below its lower BB and could bounce a bit in the next days. This could offer a perfect short sale. Next support is the $15 area.