xjo moment of truth?

  1. 10,543 Posts.
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    An interesting point to observe from here is the 2880 level on the XJO as posted a couple of days ago.

    Market just carressed it yesterday before falling away but things are rarely precise (perhaps with the exception of these indices as can be seen.)

    I suspect the short term future direction for the market will be determined by what happens to this resistance level.

    Comments welcome.

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