The XJO closed higher on Friday, where both spread and volume...

The XJO closed higher on Friday, where both spread  and volume increased, and the close was high on the daily bar.
In response to the ongoing influence of Tuesday's successful test of the 5604 previous support level (and spring), followed by the absorption process seen in the price action on Thursday, the Index accelerated higher and closed marginally above the next higher previous breakdown line.  This next higher previous breakdown line @5710 was where price failed in late January (arrowed), so watch for possible reversal action again, especially as I consider the highest probability is for price to move into a sideways range in the near term.   And should this momentum continue for a bit longer, there is another breakdown line coming through @5746.7, and after that the previous highs would be challenged.