Quite a decisive looking day on the XJO price chart, the index closing up 42.1 points or 0.9%. The gains were made early in the day and held onto through the afternoon. Today’s price action clears recent resistance and the trading range of the last month or so. What we also have, however, is type A divergence on our indicator, not particularly convincing but present nonetheless. Something to keep an eye on in the coming days. As you would expect from a solid day across the broader market, the sectors are a sea of green with all sectors closing in positive territory. The Gold sector enjoyed the biggest move, up 2.3% after the metal showed good gains overnight. The Australian Dollar is showing strength and challenging all time highs against the Greenback. All in all a positive day with the All Ordinaries just shy of the 5000 mark.