XJO up +1.05%.
Today's action had a lot of bullish intentions behind it. XJO has risen above the 50-DMA and above the Ichimoku Cloud. Those are both bullish actions.
On the negative side, it remains beneath the 200-DMA which is usually taken as the arbiter between bullish and bearish.
Back in February, the 200-Day MA proved to be an impenetrable barrier. If the XJO can get above that, it should be blue skies for the bulls.
Today's action was so good, we can expect something of a pull-back or consolidation tomorrow. The action after that will decide the future of the XJO in the medium term.
Good luck and good investing.
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