XJO 0.23% 7,999.3 s&p/asx 200

Common Courtesy Wednesday

  1. 19,112 Posts.
    lightbulb Created with Sketch. 3682
    200318 common courtesy wednesday.png

    Good Morning and Welcome to the XJO Wednesday Thread


    The XJO closed a little lower on Tuesday, where the close was about midbar, spread was about average, and volume remained well below average (which suggests selling pressure is not particularly strong at this point in time).   While the response to Mondays questionable bar was to drift lower, it was a fairly benign move and appears non-threatening.   Price remains right in the middle of this sideways range,  with no obvious sign of a breakout or breakdown, and that is probably where it will continue until a catalyst for a more substantial move arrives.   Overall I still have a positive bias for our market, however some overseas markets are looking a bit soft, which maybe sapping some of the confidence from other markets.
    200318 xjo.png


    200318.png


    Good Trading and Investing



    200318 end.png
    Last edited by Jako8557: 20/03/18
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.