It's the weekend,
so there is time to relax,
get yourself comfortable,
and enjoy some weekend charting and market chat.
The XJO yesterday moved lower & tested the low of the potentially strong widespread upbar from the 28th Sept.
Where it appears to have rejected breaking the lows and closed back above it (midbar), leaving a tiny spring of the breakout bar.
Volume (value traded) was just above average, but much lower than Thursday.
I see that bar (28th Sept) as the most important current bar for future short term direction.
cheers
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