[ATTACH]...

------------------------------------------------------------------------------------------------------------------------------------------------------
Good Morning and Welcome to the XJO Monday Thread

------------------------------------------------------------------------------------------------------------------------------------------------------


News for Today (AEST)




The XJO accelerated lower on Friday, where spread increased again, volume was back over the average, and the close was relatively low.   Price has come down to the first logical level, and is testing the strength of any support on top of the previous trading range.

.
.
.
On the XJO weekly chart, this pull back to the previous breakout/breakdown line is a test of the strength of the breakout.
Signs of strength at this line should see price accelerate away again, Signs of continuing weakness will see price back into the previous congestion.









Good Trading and Investing

.

Spoiler : ***Warning - Oldies Cartoon***