The XJO closed marginally lower on Friday
Spread remained about average, and volume was just a little above average.
For the second time price again pushed lower during the session, only to recover most of the losses by the close of business.
The Index is currently finding it difficult to rally, and when it has made some ground higher to maintain that higher price.
Some of these difficulties can be seen more clearer on the weekly XAO chart below.
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.
The Weekly All Ords Chart appears a bit cleaner to read right now.
Notations since the price breakdown in mid August......
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- Weekend Charting and Chat - 26th February 2016
XJO
s&p/asx 200
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0.70%
!
8,630.3

Weekend Charting and Chat - 26th February 2016, page-8
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a |
Open | High | Low |
8,570.4 | 8,632.8 | 8,570.4 |
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Peter Batten, MD
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