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Good Morning and Welcome to the XJO Wednesday Thread
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News for Today (AEST)
The XJO closed lower on Tuesday, where spread narrowed, and volume was again below average.
It was a pretty weak effort in the end......
I expected price would have enough oomph left over to challenge a bit higher, before finding some difficulties.
But the low volume as price attempted to rise soon after the open smacked of reduced demand.
Watching now for the response now, as it is likely to be important in the near term, and in particular if there is any downside follow through.
Good Trading and Investing
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