let the good times roll - wednesday

Good Morning and Welcome to the XJO Wednesday Thread

News for Today (AEDST)

XJO - Spread narrowed yesterday, however volume (value traded) was up, just a little above average, which suggest's that perhaps a little potential weakness had entered the market.
This is more likely to reflect a hesitation within an upmove, rather than a serious top.

The XJO Daily Wave chart shows the most upside volume since August & the ease of movement higher shows a potential lack of selling pressure at this point in time.

Good Trading and Investing

cheers

PS- Good Luck to sck's, for his call for XJO-5400, made a couple of months ago, looks quite possible shortly.