Noticed the XMJ (materials) and XMM (metals & mining) both had narrow spread down bars on an increase in volume yesterday.
As did AGO.
Potential Demand.
I would prefer to see some testing next, but could run up a little first.
There was a little weakness seen in some other sectors though.
SSEC is also potentially forming a bottom, although unconfirmed as yet.
cheers
Oh and Bones, so did ILU
charts & thoughts (october), page-22
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