The XJO closed clearly higher on Wednesday, in response to strong gains on overseas markets.
The overnight lead provided a some form of catalyst for buyers to step up and gain the upper hand again.
The Index certainly appears to be absorbing its way higher in a slow but determined manner. Price closed above the previous five days trading today, which (if confirmed) goes some way towards confirming there is still an underlying positive sentiment in the market.
cheers
.
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