Monday, June 5, 2023

5/6/23. Monday Evening Finspiration Report.

XJO up strongly today, +1%.

 

XJO is now stuck between the 50-Day MA and the 200-Day MA.  It might take a day or two to get over the resistance of the 50-Day MA (and Supertrend 11-2).

All indicators in the lower panels are in "buy" positions - so that's a big positive.

I'd expect the next significant move to be to the upside.

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