Fri 12th Feb 2016 is Darwin Day
Darwin Day celebrates the anniversary of the birth of the famous evolutionary scientist Charles Darwin.
https://www.daysoftheyear.com/days/darwin-day/
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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEDST)
The XJO closed higher on Thursday
Spread narrowed, volume reduced, and the close was high.
Possibly in response to the high volume potential support found on Wednesday, price moved tenuously higher on Thursday.
It wasn't a particularly strong move higher, and doesn't really qualify as a reversal, however on low volume, it helps to confirms the (speculative ??) buying on the previous bar.
To be honest, I don't expect this move will go very far (I am happy to be surprised though....), with several levels of potential resistance above that will be difficult to negotiate in the short term.
Good Trading and Investing
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