Just Ignore it..... - Thursday

Good Morning and Welcome to the XJO Thursday Thread


News for Today (AEST)




The XJO closed lower on Wednesday.

While actual volume was a little below average, value traded was just a little above average.
Spread narrowed compared to previous days, and the bar closed just above midbar.
This suggests a 'tentative' attempt was made to support the falling market.
No telling if this 'attempt' will be successful or not yet,
however, a little more work down here, without giving much (or any) more ground, would be positive.

and on the other hand, the bear'ish view would like to see the attempt at support fail,
with downside spread increasing again, and a close below the low of Wednesdays bar.

Spoiler : ***Paddo's Special***

Good Trading and Investing


cheers