on the charts whats the next stop for xjo, page-25

I kind of figured that with all the selling going on. The momentum is downwards, but the accumulation indicators have all shown divergences, both on the March lows and last week. Also, the Russell 2000 is going berko, so we are in the late stages of an old bull market or the early stages of a new one imo.

Loss of 1353 on the close will have us back to 1330. Mentioned on Friday that I'd hoped the failure to get a touch on 1330 wasn't significant. Maybe it was.