Pizza Friday

Good morning and Welcome to the Annual Hot Copper Pizza Eating Competition  XJO Friday Thread

Volatility eased somewhat on the XJO on Thursday when compared to the previous two days, and perhaps a little confidence was seen.
Spread and volume both reduced to more normal levels, and the close was right up near the days high.
Price initially dipped lower after the open, but recovered those losses to eventually close the session a little higher.  This action suggests any remaining sellers were  challenged to come forward, but not much supply was drawn out.  Following that some pretty decent absorption or buying appears to have taken place, which created the high close.





Good Trading and Investing