Mon. p.m. 6/12/21. XJO was flat today.
XJO up just +0.05% after being in negative territory for most of the day.
The longer lower wick on today's candle shows the intra-day buying. But the range today was more or less inside the range of the previous day's candle. The doji indicates indecision.
We can see that the XJO is consolidating at a previous reversal (up) back at the Sept/Oct.
Not shown on this chart is the 200-Day Moving Average which is providing support. If that fails we should see much lower prices.
Breadth today was poor. NH-NL was -30.
Cum NH-NL is bearish:
Cumulative Advances-Declines continues to collapse.
European markets are currently doing well. German Dax up about +1% and UK FTSE up about +0.8%. US Futures are on the rise currently up about 260 points. But it is early in the evening.
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