comfortable is rarely profitable - friday

Good Morning and Welcome to the XJO Friday Thread


News for Today and the Weekend (AEDST)

Yesterday's Market Overview

Any signs of an attempt to support XJO were taken out with a nasty slice down yesterday.
A widespread downbar, closing on its lows, with a sharp increase in volume.
Only a complete reversal today would alter the perspective of the charts short term movement,
and that sort of turnaround, while possible, would have quite a low probability.

The Big Four Banks Index broke its lows yesterday, in a continuation of its current down trend.

Good Trading and Investing


cheers