Wed. p.m. 29/12/21.  XJO up for fifth day.

XJO had a very strong day today, up +1.21%.

That represents a break-out from th recent trading range.  Expect more upside.

Given the strength of today's action, we might see the XJO settle back for a day or two.

VIX is suggesting that as it rose today from from 10.8 to 11.26.  VIX tends to trade inversely to the XJO, so when it rises as the XJO rises, that's a warning signal.