Today's action was a strong up movement. Up +1.3% on the XAO. Volume was lighter than the 50-Day Average. Volume tends to be lighter on a Monday, so it's difficult to know just how much significance to make on today's volume.It is significant is that today's action took the chart up to hit the uptrend line from early September. This is often called "the kiss of death". But - you've heard of "Lazarus"?
A significant negative divergence exists between the short-term RSI.4 and the chart of the XAO. That provides some support for the "kiss of death" scenario.
The trend is still up. That's all that matters.
Cheers
Red
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