Emergency backup cranker Friday, page-47

Today's XJO bar potentially counteracts the inferred weakness seen in Thursdays bar, although even that is yet to be confirmed.
We'll have a few interesting trading days coming up now.

An acronym for Thursdays bar, if it is not confirmed as weakness,
(concocted by ewob) is a potential "Fleeting Upwards Creeping Test" Bar,
or in other words a possible absorption type bar, usually seen in an uptrend (initially looks like weakness, but does not confirm).

I agree PB, while there have been some questionable individual bars, overall it continues to look more bullish than bearish.

Above 5483 gives it a bullish bias I reckon, but even if that fails (again), it will still only have a sideways bias until it falls out the bottom of the trading range & proves it can regain that level again.

Might have to repost the PnF levels again soon........

cheers