
The XAO was down -0.13%.
The chart above shows a clear upsloping wedge - which is bearish. RSI is knocking on 60 - a level which denotes overbought in a bear market (but nothing of significance in a bull market). So if we get a drop here, that would confirm the bear market diagnosis.
Nothing much else to note today.
We wait on the next couple of days.
Cheers
Red
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