Good Morning and Welcome to the XJO Friday Thread
The XJO continued lower on Thursday, where spread remained about average, and volume was very slightly increased (again).
The Index is showing a reluctance to lose ground, as price consolidates Tuesday's gains.
There was some increased demand drawn out as price tested the minor highs of the range below, this can be seen with the close off the daily low. The low of Tuesday's widespread upbar (arrowed) continues to be the danger point in the near term.
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