Good Morning and Welcome to the XJO Monday Thread
The XJO closed a little higher on Friday, where spread remained about average, and volume was below average.
This suggests that price just floated higher due to a lack of selling pressure.
The little sell off that caused the midbar close is not unusual on a Friday.
Overall, for the last couple of weeks the trading has looked much more positive and potentially strong.
News over the weekend around Syria will most likely be used on Monday to shakeout the market, so be ready for it, and if this shakeout is successful it will likely lead to a mark up in price later in the week.
Good Trading and Investing
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