Another good day on the XJO - the sixth day in a row.
XJO is in a strong up-trend.Some storm clouds are gathering. Short Term RSI2 became even more over-bought at 99.18.
Today saw switching into Defensives with Defensive Sectors doing best today. Staples +1.61%. Health +1.9%. Utilities +1.16%.
NewHighs-NewLows still haven't given a "buy" signal.
XJO can still go higher - anything can happen, but it is now starting to look a bit long in the tooth.
No comments:
Post a Comment