30/5/22. XJO up strongly today.
XJO up +1.45%.
Today's strong result pushed the XJO our of its short-term consolidation, and up to the next level of resistance.
Given that America is closed for a holiday tonight, we can't expect much tomorrow. Consolidation is the best bet.
Breadth today was good, with the ASX A-D Line rising above the 10-DMA for the first time since mid-April while still consolidating.
Expect consolidation in our market tomorrow while the U.S. is no holidays.
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