XJO - surprising end to the day. 30 min chart - we see price...

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    XJO - surprising end to the day.

    30 min chart - we see price action magnetise towards the purple line 200 period moving average. it closed slightly below. Yellow moving average (48 period moving average) proving a rainbow cloud cover with a chance of hail.

    upload_2019-3-12_20-12-34.png

    15 minute chart below - we see a challenge above the purple MA. crossed it, retested it and failed miserable like a flat glass of Cola. moving averages as you can see all bearish. yellow MA crossed the purple on late yesterday and short term moving averages all charging down.

    upload_2019-3-12_20-17-43.png

    Bulls should be unimpressed with the action today. the regional markets were all charging away.
 
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