Woman's Day - Thursday, page-4

XJO down heavily -1.01%.


XJO has reversed at major overhead resistance.

The short-term trend channel remains down.

The chart remains above the 200-Day MA.  That appears to be the major challenge for our market.
If that fails, then the lows of early February come into play.

The market remains in a short-term bearish profile.  It wouldn’t be wise to go against the short-term down trend.

Let’s see how this pans out.  Short-term and medium-term trends are down.  The long-term trend remains up.

RB