Highlighting the Monthly Pivot data on the XJO...
R2 4410.00
midpoint 4382.00
R1 4354.00
midpoint 4308.00
PP 4262.00
midpoint 4234.00
S1 4206.00
as we can see the trading range of the last few days has been between PP 4262 and midpoint Resistance 4308.......
today has been the 4th time to attack the PP and we see it being broken this morning.....
it would be quite bullish for the XJO to regain that trading range this arvo........so fingers crossed for the Bulls.....
of course.....on the negative side...a close under would be the opposite ...quite Bearish.....
sck
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wish you well wednesday, page-39
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