XFJ BREAKOUT 25/10/2015.

XFJ joins the party with a confirmed BREAKOUT on Friday as well. OBV (On Balance Volume) did stage a breakout with registering higher highs and higher lows prior to the price breakout. I have circled the candle which is considered JAC in Wyckoff Method (16/10). It will be an interesting resistance test at the Red dashed trendline around 6300 zone which we are about to arrive.

For All Ords.  to continue it’s bullish bias, a lot depends on this financials sector XFJ.

xfjbout

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