Information Overload Friday

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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEDST)



The XJO closed marginally higher again on Thursday, where the market left us with an indecisive bar that closed in the middle, and expiry affected volume.
There was no serious downside follow through in response to Wednesday's bar (which looked questionable as it challenged the next higher potential resistance level).  Although the argument can be made that the Index is going through the absorption process at potential resistance, price remains vulnerable to any increased supply that comes in, and some sort of pull back is still very possible in the near term (even if it is likely to be treated as a buying event).







Good Trading and Investing