Monday, December 20, 2021

Mon. 20/12/21.  XJO fell today in choppy trading.

XJO down a little -0.16%.


XJO remains within its trading range.  

Today saw a lot of intra-day buying which resulted in the XJO bouncing off the 200-Day MA and the lower edge of the trading range.

That's promising - but we need to see a break above the trading range to be confident of a medium term bullish trend.

If we get an up day tomorrow - that would be a positive for our market.

At this stage in proceedings overseas, that is looking unlikely.  Germany is currently down more than -2.85%.  UK down -2.14%.  Dow Futures are down -1.67%.

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