The XJO closed higher on Tuesday. The Index produced a positive...

The XJO closed higher on Tuesday.
The Index produced a positive response to Monday's downbar.  Which was kinda good.
Volume however was pretty strong, so supply is still being drawn out of the market - and on that decent volume, price was not able to even close above the previous bars high, so that was a bit of a disappointing result I reckon.  Not disastrous, but a bit disappointing.
Watch for the response again tomorrow, to see if we can work out which side (buyers or sellers) has gained the upper hand.


cheers

.