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XJO down moderately today -0.53%XJO is consolidating at the...

  1. redbacka
    8,604 Posts.
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    05/11/18
    21:37
    Post #: 36397683

    XJO down moderately today -0.53%


    Screen Shot 2018-11-05 at 8.23.44 pm.png


    XJO is consolidating at the recent highs.


    Short-term Stochastic has crossed back under its Bollinger Band.  That’s a “sell” signal.  That doesn’t mean to jettison everything – just a warning sign that things will get worse in the short-term.


    Expect more consolidation or a dip to the downside.


    RB

    XAO Value at posting: 5,904.8
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    lightbulb Created with Sketch. 1  Great analysis
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