XJO finished marginally up today +0.1% after being up +0.6% in early trading. That's a disappointing result.
Today represents a reversal day. That's bearish, but needs confirmation of a down day tomorrow.Short-term, XJO is in a down-trend and finished today below the 8-Day EMA and the Hull MA13.
Two out of three Supertrends are blue - one remains yellow, which suggests in the medium term XJO is not trending. A bearish break by the third Supertrend would give us a medium term sell signal.
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