You're still Young... - Friday

Good Morning and Welcome to the XJO Friday Thread


News for Today (AEDST)




The XJO moved sharply higher on Thursday

Early in the session, the Index sliced up strongly, through the previous breakdown line @ 5207.7, reaching a day high of 5265.
Then later in the session, price returned to the breakdown line, and was testing it at close of trade.

A successful test should see price accelerate away from the danger point & continue to move higher, where the next higher zone of potential resistance is likely to be between 5292.9 - 5308.2.







Good Trading and Investing

.