Curmudgeons Friday

-------------------------------------------------------------------------------------------------------------------------------------------------------
Good Morning and Welcome to the XJO Friday Thread

-------------------------------------------------------------------------------------------------------------------------------------------------------








News for Today (AEDST)




The XJO closed higher on Thursday
As anticipated yesterday, the Index initially thrust lower, before recovering later in the morning.
Spread increased a little, but volume dropped as well (it must have found very little supply as it initially swept lower).
The expectation would now be for price to make a challenge towards the line just above  @4992.4  (I also have a minor line nearby @5007.9).
If price can successfully get over those levels, there is a tight band of resistance above, centred around the longer term line @5039.6










Good Trading and Investing

.