XJO down heavily. Monday Evening Liqueurs. 9 November, 2015.
XJO down heavily -1.83% on well above average volume for a Monday.
Horizontal support has broken to the downside. That also represents a break below the 50-Day MA.
The DZS is into oversold territory (below 20). So a short term bounce here is possible.
The longer term Stochastic (50,10,10) has just turned bearish. So any bounce in the shorter term DZS is likely to be sold.
RB
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