12/4/23. Wednesday Evening Finspiration Report.
XJO was up moderately today, +0.47%.
XJO is in a strong up-trend. Today it reached a horizontal resistance level and encountered some intra-day selling.
The Index remains above the 50-Day Moving Average so we might see the Index come back and test that as support. If that test is successful and the index bounces - we should see more upside.
RSI and DZ Stock are both strong and in no danger at this stage of giving a sell signal.
Stay with the trend.
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