Wed. p.m. 8/12/21.  Another strong day for the XJO.

XJO up today +1.25%.  That's the best result in over two months.

Supertrend (1.5/7) is bullish switching from blue to yellow.  Short-line is above both the 8-Day EMA and the medium-term line.

Schaff Trend Cycle has turned bullish.

We've now had four up days in a row with the past two days very strong.  XJO is at a minor resistance level, so we might see some consolidation here, but this looks destined to test major horizontal resistance at 7472.  XJO finished today at 7405.