[ATTACH] Good Morning and Welcome to the XJO Friday Thread The...

Good Morning and Welcome to the XJO Friday Thread

The XJO again traded sideways before closing in the middle.
Spread increased a bit, and so did volume, so the mid bar close suggests that supply is present (and price is never likely to push much higher when supply is being drawn out).   It still continues to appear like the Index is attempting to absorb its way through the green resistance zone.   If this is the case and supply continues to be drawn out, expect a downbar (that fails to follow through) to challenge the sellers in the short term.









Good Trading and Investing