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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEDST)
The XJO continued to accelerate down, and closed substantially lower again on Thursday.
Spread increased again, volume was above average, and the close was low.
Apart from an unexpected reversal bar, price show no signs of supporting as yet.
Price appears to have closed for the day at a very minor level, (so minor that I don't normally mark it in).
I was going to make some comments about possible support levels below the recent trading range, however, the Index has not failed at these levels (yet), so perhaps I'll leave those thoughts for another day. . . .(4883.7-minor, 4750-4780-stronger & 4632-OK......haha).
Good Trading and Investing
.
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Last
7,963.7 |
Change
-7.400(0.09%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,971.1 | 7,973.8 | 7,944.3 |
| XJO (ASX) Chart |