Good Morning and Welcome to the XJO Friday Thread
News for Today (AEDST)
The XJO closed slightly higher again on Thursday.
Spread was quite narrow and volume (value traded) was once again poor.
It appears the Index currently finds itself in a State of Flux,
where there is not much selling pressure present, and also a lack of demand for higher prices.
It is just floating up with no real oomph behind it.
Should any serious selling pressure arrive (for whatever reason),
there is unlikely to be anything there to hold it up.
Good Trading and Investing
cheers
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