XJO up today +0.5%.
XJO finished marginally above the 200-Day MA but retreated from a minor horizontal resistance level.
All sectors except Materials (XMJ) were up today. So breadth was good. Information Technology (XIJ) was up strongly today +3.5%. That's a good sign that the market is risk-on.
XJO has been up the last seven of ten days. That's a good run.
I wouldn't be surprised to see consolidation here, but the market is looking bullish.
All sectors except Materials (XMJ) were up today. So breadth was good.
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