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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.