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Good Morning and Welcome to the XJO Thursday Thread
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News for Today (AEST)
The XJO closed lower on Wednesday, where spread narrowed considerably, but volume remained above average.
The Index has effectively come back and is testing the strength of the breakout from late March.
There is a definite element of potential support in Wednesday's trading, which is quite obvious when compared to Tuesday's price action. Unless this recent buying needs to be dumped for some reason in the near term, I expect the bottom is in, or price is very close a low.
Good Trading and Investing
High Five Thursday
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Last
7,575.9 |
Change
-107.100(1.39%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,683.0 | 7,683.0 | 7,568.1 |
| XJO (ASX) Chart |