XJO Weekend Charting and Chat - 1st September 2017, page-3

The XJO closed higher on Friday, where spread narrowed, and volume reduced.
The Index pulled back somewhat soon after the open, but did not draw out excessive supply, and in response to the lack of selling pressure floated higher, before seeing a little Friday afternoon selling into the close.  This helps to confirm the potentially bullish set up from Thursday, however as the Index remains within the longer term sideways trading range, price may only move up towards the highs of the trading range again.


cheers