Good Morning and Welcome to the XJO Tuesday Thread
News for Today (AEST)
The XJO closed sharply lower on Monday,
with a wide spread, on volume (value Traded) very slightly above average, but quite high for a Monday.
this leaves the Index back in the previous trading range, searching for support.
The Intraday chart (not shown), saw some potential buying off the day lows last Friday,
These positions were most likely dumped on Monday, which only served to accelerate the losses.
The intraday chart continues to show ongoing supply coming in, and a lack of demand to the upside.
Good Trading and Investing
cheers
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Last
8,831.4 |
Change
-12.300(0.14%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,840.9 | 8,844.9 | 8,818.7 |
| XJO (ASX) Chart |