XJO fell today - 0.26%.
The chart remains bearish, but could form a double bottom. RSI is showing a possible positive divergence.
Implied Volatility - Historical Volatility is getting down to a very low level near where it has reversed before in late March.
Consumer Discretionary stocks continue to perform poorly. XDJ down -1.39%. Information Technology (XIJ) was the worst performer today -3.83%. It's had a great run lately - so it might be pulling back a bit before another move to the upside. Real Estate (XPJ) also performed poorly -2.49%.
The best today was Energy +1.33%.
Here's the Energy Chart.
XEJ is currently trending sideways, oscillating around the 200-Day MA.
XEJ has been finding support at the Base Line of the Ichimoku system so a move to the upside is most likely
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