XJO down marginally -0.17%. Volume wasn’t too bad for a Monday. The number of issues traded increased substantially, so the market is beginning to wake up after a two-week hiatus after the EOFY.
Nothing much has changed in the chart. The Index continues its sideways crawl.
Today’s action was a see-saw effect. Perhaps that explains the relatively solid volume. Day Trading was active playing the swings up and down.
The 13/20/49 Moving Averages are all sliding sideways.
We’re in wait-and-see mode.
RB
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