xao xao xao xao xao xao, page-6

Sometimes I like to think that at critical points in the XAO chart, the intraday chart will mirror the situation that needs resolving in the broader chart. SO, in this case, we have a massive double top at all time highs, and on the intraday, a tiny version of it in the first hour's trade. It's like the market wants to (subconsciously) test the water in a small way to see how things might pan out. If the intraday ends the day flat or lower, that may be a good indicator for the rest of the month.