The XJO closed higher today, where price again pushed above a...

The XJO closed higher today, where price again pushed above a three day mini range.
Volume was pretty good again, which is becoming a regular Monday thing by the looks - so the firm buying support continues.
The market made no attempt whatsoever to challenge the important level above, it was more a 'buy the offer' type market today.
Price keeps knocking up against the strong and important weekly level above (~5500), if the pressure remains, price will eventually push through (most likely on an increase in volume).
There is not much room to move higher tomorrow, so it will either be a sideways consolidation bar (again), or some form of challenge to the resistance above (either a strong and possibly successful challenge, or a weak challenge that is destined to fail again).
As usual watch for the response tomorrow.


cheers

.