After posting an intra-day low at 6096 on September 10th, The XJO Index has built an initial base near 6100.00
Over the last two weeks, the index has been trading within an ascending wedge formation.
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The next level of resistance will be in the 6227 area. A break of the 6096 support will likely triggered a measured move back to the April lows just below 5800.00
XJO Index
