Really Fat Pizza, page-888

The XJO closed higher on Thursday, where price pushed up into fresh new ground (relatively).
Spread reduced, volume increased and the close was midbar - which generally suggests some supply has emerged and is being drawn out.
This may be because price has moved above previous trading, and the price action today represented some form of absorption.
Watch for the response tomorrow to help confirm.
Certainly no damage done so far, just a couple of question marks for the near term...


cheers

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