XJO s&p/asx 200
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xjo - weekend charting and chat -04 april 2014, page-2

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    05/04/14
    04:44
    Post #: 13217254
    Hi Jako

    Thanks for your post yesterday most helpful.

    Rather than an uptrend on the XJO I had a rising bearish wedge the volume was just confirming it.

    Volume: Ideally, volume will decline as prices rise and the wedge evolves. An expansion of volume on the support line break can be taken as bearish confirmation.

    XJO Value at posting: 123.00
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