This chart suggests the XJO in the short term will head higher. There is an ascending triangle present, the fib retracement of 50% has been respected along with the 200 day moving average. RSI at 60 gives room for upward movement and the MACD has a bullish cross. When the 4810-4815 resistance breaks a possible target of 5000 which is the next level of resistance is not out of the realms of possibility, just my opinion.
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a few charts of interest, page-16
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Last
8,153.3 |
Change
3.300(0.04%) |
Mkt cap ! n/a |
Open | High | Low |
8,150.0 | 8,183.5 | 8,147.5 |
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