For past 16 weeks,
XJOis in trading range between Support 5682 / Resistance 5773, 113 points different.
Weekly chart is testing 50 EMA (red line 50 EMA) bounce off from here, will indicate a bullish signal and MACD is getting close to cross signal line.
If it break above 5800,it show that a possible uptrend on it way.
Weekly chart is testing 50 EMA (red line 50 EMA) bounce off from here, will indicate a bullish signal and MACD is getting close to cross signal line.
If it break above 5800,it show that a possible uptrend on it way.
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