The Bollinger Bands are indicating an oversold condition. An oversold reading occurs when the close is nearer to the bottom band than the top band. The market appears oversold, but may continue to become more oversold before reversing. Look for some price strength before taking any bullish positions based on this indicator. Volatility is trending up based on a 9 bar moving average.
Momentum is in bearish territory.
Rate of Change is in bearish territory. This short position should be covered when the CCI crosses back into the neutral center region. Initiating signals when CCI crosses zero, rather than waiting for CCI to cross out of the neutral region can often help overcome this. Begin looking for an attractive point to cover short positions and return to the sidelines. RSI is in neutral territory.