Weekend Charting and Chart

XJO weekly Chart:



XJO up this week +0.23%.  The previous week +0.28%.  The week before that -0.6%.

The past three weeks have been tough going for the XJO.  It's made a little head-way, but not much.  In fact, the high of three week's ago hasn't been surpassed. This may just be consolidation, but it looks like it's ready to roll over to the downside.

In America tonight (our time), Twitter is down -18%.  That follows the big fall a couple of day's ago in Facebook.  It looks like the end of the line for the big tech stocks.

We wait on the announcement of GDP numbers in America at 8.30 a.m. (NY time).

RB.