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Good Morning and Welcome to the XJO Monday Thread
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News for Today (AEST)
The XJO closed lower, in response to another missile test from North Korea.
Spread was a little wider than average, volume increased to above average, and the close was down near the days low.
Price pushed lower form the open, and eventually closed below Tuesday low on above average volume.
This price action may bring on a retest of the recent lows, however I want to see the next bar first, as this event took the market by surprise. In the past, weakness created by these unexpected events on the Korean Peninsula have provided buying opportunities.
Good Trading and Investing
Respect - Monday
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Last
8,197.1 |
Change
-8.300(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,205.4 | 8,208.6 | 8,189.2 |
| XJO (ASX) Chart |