With Job number coming strongly traders have taken risk again in the US but at the same time it will give another reason for the FED to consider lifting the rates again ? r changing their sentiment.
Just the thought of that possibility in the future may trigger a sell off.
XJO looks overbought and I am short and will increase my shorts in time as it is in only a matter of time before some profit taking happens.
Daily,weekly and monthly are overbought.
Weekend Charting and Chat XJO, page-2
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Last
7,838.8 |
Change
105.100(1.36%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,737.0 | 7,838.8 | 7,737.0 |
| XJO (ASX) Chart |