XJO finished flat today -0.03%
This is the sort of “stuttering” I spoke of in may Weekend Report.
The market doesn’t know which way to go, up or down. So we get an “inside” day with the index making little movement one way or the other.
The odds favour an upside move from here.
The next move could, of course, be to the downside. If that happens, it provides a buying opportunity.
ASX Morning call 10th September, page-14
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Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,969.1 | 7,889.0 |
| XJO (ASX) Chart |