The XJO closed higher on Friday. There was no downside follow...

The XJO closed higher on Friday.
There was no downside follow through in response to Thursdays down bar, instead price staged a modest recovery, as it traded within the relative comfort of the previous bars range, and also the incomplete reversal (green box).
Watch this current sideways range closely - a successful breakout above this range would be a sign of potential strength, and a clear break and close below it may be an early warning sign of an impending change in trend.


Weekly Charts later tonight

cheers

.