xjo main thread for friday, page-8

Suggestion only but pull up voltaires xao weekly chart with the 10 ma on it .
Xjo gone but xao hasn't [ YETTTTTTT]

a test on it several points lower than todays low is still on the cards by gut feel .

As i type it is within a few points of the ma now .

A decisive break below it today and we have a major down trend . A hold above it and we may go lower next week but will recover quickly .

That's how i see it anyways .

if it breaks an obvious support for today only becomes an equal measure above last week being the same as the move below .

ge
ps; june must and will close below May's close .