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Good Morning and Welcome to the XJO Wednesday Thread
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News for Today (AEST)
The XJO closed a single point lower on Tuesday, after being much higher during the Morning.
Spread increased, as did the volume (value traded), however the close was quite poor, leaving behind a bar that suggests bearishness.
However, the individual bar can appear as bearish as it likes, the Index still needs a breakdown in price to confirm it.
The Tuesday closing, Five day chart remains very similar to Mondays chart, as does the analysis.
Good Trading and Investing
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