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Good Morning and Welcome to the XJO Wednesday Thread
The XJO closed modestly higher on Tuesday, where the Index traded inside the previous bars range.
Volume increased to about average, and no ground was lost, so again some support must have been present.
That said, price did not close above the previous bars high, which it would need to do to complete a reversal.
So at this point Tuesdays bar can be filed as "interesting but......", and then watch for the response on Wednesday for more clarity.
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Good Trading and Investing
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