4 years ago

XSO Small Ordinaries Structural weakness.

The small Ordinaries is an Index made up of the small cap stocks included in the 300 Index,
but not included in the first 100 of the Index.
The breakdown of this part of the Index does not bode well for the overall market
with the potential for the broader market to enter into a bear market.

The Weekly chart of the XSO shows the breakdown below support at 2053 with
a price target of 1859.
Primary trend has resumed to DOWN

Small Ords