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Good Morning and Welcome to the XJO Thursday Thread
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News for Today (AEST)
The XJO closed lower on Wednesday
Spread increased, but volume reduced (although it was still above average), and the close was at the day's low
The Index accelerated lower soon after the open, then continued to grind lower for the remainder of the day
It will be surprising if price is able to just slice through the band of previous resistance, without seeing an element of support, however barring an unexpected reversal, the XJO's personality regularly sees three day pull backs before a bounce of some sort.
Good Trading and Investing
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Assistance Dog Thursday
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Last
7,777.7 |
Change
95.700(1.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.0 | 7,795.1 | 7,682.0 |
| XJO (ASX) Chart |