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Good Morning and Welcome to the XJO Thursday Thread
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News for Today (AEDST)
The XJO closed a little lower on Wednesday, after being much lower during the session.
Volume is again well above average, where it appears price has again attempted to garner enough support to halt this downtrend.
There was an initial attempt at supporting the market on Monday, which appeared to fail, perhaps the end of Month had something to do with that. At the close of trade price did close a slightly below Monday's low, but it was not a 'clean and clear' break, so the Index can have the benefit of the doubt on that for now. Keep an eye out for the subsequent price action to confirm the buying within Wednesday's bar.
Good Trading and Investing
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