Hi Anferni,
And yes, the trend for xjo is still down, bulls are not out of the woods yet, but today with where xjo has finished, looks like we "COULD" have a trend change, but confirmation is needed. Vol is only 906,745,661. It is not massive, over the next few days, I like to see a few more up days with bigger vol and if we can go pass June 21 high. Then it will confirm a trend change. Right now it's still 50/50
I have a few index position, FTSE trailing stops is 5280, but I won't go short, and I won't add more. I will just let it run.
AUD looks strong and usually means rally. AUD has closed above 88c, I believe next level is 92, xjo chart and audusd chart can give us a good tell tell of what is going to happen.
if that is not a bullish chart i dont know what is.
two higher swing bottom.
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Hi Anferni,And yes, the trend for xjo is still down, bulls are...
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