April 27, 2009

XAO Going Sideways?

By Planet Wealth

 

This week we saw the XAO start to retreat a small. If this weeks closing bar is placed on the weekly chart from last week, with the exact same trend lines, you will see how strong the resistance is at play right now.

This leaves the analysis for coming weeks much the same as last week it has been a side ways movement, respecting resistance.

230409 xaoaa XAO Going Sideways?

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