XJO from the Friday report.
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9th / January /2015
The XJO Index is now testing the short down resistance line after the weakness early in the week.
5335 support has worked well, see notes above. 5600 point target in sight however, The Weekly Chart below
shows the finish for the week being in the high part of the range, this
can be very bearish for next week. Referred too as the 3 candle ( see candle notes).
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