The XJO closed lower on Friday.
The Index came off following the overseas lead, and appeared to find support in the Pink Zone,
which is comprised of the longer term potential resistance @ 5483 & the late October 2013 highs @ 5457.
It was interesting that volume (value traded) was fairly low, which suggests that selling pressure was not particularly strong.
cheers
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- xjo - weekend charting and chat -16 may 2014
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