Good Morning and Welcome to the XJO Thursday Thread
The XJO closed higher on Wednesday, with spread and volume remaining quite similar for the past three days.
The 'mark up' continues after a period of potentially bullish absorption or vertical accumulation.
There does not appear to be any really serious supply above the next axis line (@6052.1), with perhaps just a small increase between ~6075 - 6095 A period of consolidation will most likely begin at some point in time.
Good Trading and Investing
Lumpy Rug Thursday
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Last
7,988.1 |
Change
-25.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,013.4 | 8,013.4 | 7,918.9 |
| XJO (ASX) Chart |