Wed. p.m. 22/12/21.  XJO stagnates.

It doesn't take a genius to see that the XJO has been drifting sideways for more than three months.

Today the XJO was up just +0.13% stifling any hopes of a continuation of the short-term trend to the upside after strong American data,

Unless you are a clever short-term trader, these sorts of markets are best to avoid.

On the positive side - the bias is still to the upside with a rising 200-Day MA.