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Good Morning and Welcome to the XJO Monday Thread
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News for the Day (AEDST)
Lots of world news all week, this week......which may add to the interest......
The XJO saw quite a bit of volatility on Friday after a news item was released mid afternoon.
Initially the Index was trading higher, but lost all those gains and more, before eventually closing only a little lower.
The underlying strength in the market proved itself by coming out and absorbing the supply drawn out as price sliced lower. The bar and volume left behind on Friday is pretty ugly, and may be tested again early next week if the opportunity presents.
Good Trading and Investing
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