Good Morning and Welcome to the XJO Tuesday Thread
The XJO closed higher on Monday.
There was no sign of a shakeout in response to the goings on in Syria over the weekend (sadly).....instead price pushed higher in response to the recent strength, but with a lack of oomph in the market, it failed to maintain the days gains (volume was low, even for a Monday). Barring any unexpected increase in tensions overseas, the expectation is for price to continue grinding higher. We'll see just how strong it is if/when price makes a challenge to the two levels around ~5900
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