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9 months ago

XJO breakout: Dont get too excited yet.

Its nice to see the Index XJO breakout above the recent trend line.  The RSI has shown a bullish divergence now played out.
This current bullish move may not follow through.
This weeks candle with the lower shadow and high close is a warning of reversal in the short term. #3
5000 points will be the key support level on any weakness in the coming weeks.

XJO Weekly