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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEDST)
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The XJO closed lower again on Thursday, where spread narrowed a little, volume remained above average (although possibly affected by individual equity expiry), and the close was at the day's low.
The price breakdown continued on Thursday, where there was a brief attempt to rise at one stage, but that was snuffed out pretty quickly.
There is no obvious sign that price will attempt to reverse yet, although it should be noted that it is in the XJO's personality to unexpectedly reverse when the close is at, or very near to the day's low, and usually on a wider spread downbar, so stay on your toes just in case.......
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Good Trading and Investing
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