Last night XJO didn't show much willingness to go further up.
On the other hand, I think the overall US recovery off the lows means that in near term either DOW has to retrace, or XJO has to go up. XJO is currently at a crossroad, but if it somehow manages to achieve a higher fib recovery level and into (more) crazy levels, it will be followed by a flash bloodbath (which I secretly hope for).
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