Don't count your chickens...... - Tuesday

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Good Morning and Welcome to the XJO Tuesday Thread

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News for Today (AEST)






The XJO appears to have broken down again as it sliced through the early June low of 5453.1, to finally close sharply lower on Monday.
(only a complete reversal bar today, can probably save it from actually breaking down now)

Spread increased again as price accelerated lower, and volume (value traded) while fairly high for a Monday, was just a little below average.
I was a little surprised volume was not a little higher really...... even if it was for a Monday.

I expect price will be (somewhat) at the mercy of overseas movements, while this volatility filters its way through the other markets.
















Good Trading and Investing

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