Good Morning and Welcome to the XJO Thursday Thread
News or Today (AEST)
The two bar reversal mentioned yesterday appears to have failed miserably, with the index closing sharply lower on Wednesday.
It did however close a little above Mondays low, so it is hanging on by 'the skin of its teeth'.
Now to see if there is any further follow through to the downside.
Volume (value traded) was back to right on the average, and was an increase over the past seven trading days.
This volume along with the close well off of Wednesdays lows, suggests that at least 'some' buying took place at (or near) the day lows.
Good Trading and Investing
cheers
What are you good at ?? - Thursday
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Last
7,829.7 |
Change
66.500(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,763.2 | 7,832.3 | 7,763.2 |
| XJO (ASX) Chart |