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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