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Good Morning and Welcome to the XJO Monday Thread
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News for Today (AEDST)
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The XJO closed lower again, on Friday.
Spread narrowed considerably, but volume increased substantially (Although there may have been some spillover from individual equity expiry on Thursday. I did mark the expiry days on the chart, so as to compare with the previous expiry days), and the close was a fraction above mid bar.
Price has broken below the low of last Friday's widespread bar, and is now back within the congestion from early to mid October. On Friday it appears that there was an attempt to support the market on top of the mid September highs, where support has previously been found.
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And Here is the Inverse chart, for those who like the upside down look......
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Good Trading and Investing
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