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Good Morning and Welcome to the XJO Monday Thread
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News for Today (AEST)
None......
The XJO again traded with a wide spread or range, as it moved sharply lower from the open.
The close well off the days low infers there was some speculative buying during the afternoon. Which, after the overseas trading on Friday, will most likely be dumped soon after the open. This extra supply will add to the expected sell off early today, and will most likely create a nasty widespread downbar at the open. Volume (value traded) was effected by Equity Index Options and Futures Expiry day, and was well above average.
Good Trading and Investing
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