XAO on the hourly is touching MACD ready to cross, it will either blast higher by a hunder points tomorrow morning or it will crap itself down a hundred points. I grabbed a few at 58c today, hope the XAO & XGD can cross over.
XAO has totally rejected the attempt to break the 38.2 fib retrace of the last bull run, (4280), if we fail from here I'm thinking 4050-4100 as this is the 50% retrace & also the top of leg 1 of the bull run, 61.8 is 3810 (hopefully we dont see that)
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