XJO down modestly today -0.32%. [ATTACH] XJO remains in a short...

XJO down modestly today -0.32%.  




XJO remains in a short term ascending triangle pattern - which is bullish.

That short term ascending triangle pattern is contained within a longer term ascending triangle pattern.

We need to see a break above 5807 to be sure of an upside directional move.  We're currently at 5757.
XMJ (Materials) is due for a bounce, it got a bit today +0.2%.

Banks are due for a pull-back, Financials X-Property today was down a bit -0.3%.

All according to Hoyle.  But nothing dramatic one way or the other.

We've got the FOMC decision on Wednesday night (our time), so don't expect much till then.

RB.