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Good Morning and Welcome to the XJO Tuesday Thread
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News for Today (AEST)
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The XJO closed a few points lower on Monday, after trading inside the range of Fridays bar for almost all of the session. Spread remained about average overall, but volume was very low.
Price dipped lower and tested back through the range of the previous bar, offering the upper hand to any sellers who wanted to step up. The low volume on Monday clearly illustrates that very little supply was drawn out, and that sellers were sparse.
The Index now appears poised to make a challenge towards the highs of the trading range.....
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Good Trading and Investing
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Change
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