16/2/23. Finspiration Thursday Evening Report.
XJO +0.79% up strongly today after yesterday's big down day.
Despite the strong performance today, the action counts as an "inside day" - not enough to call it a bullish event.
The chart remains below the 8-Day EMA. We need to see a break, at least, above that short-term marker to feel comfortable that the down-trend is over.
Patience is a virtue, saith the Bard.
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