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Good Morning and Welcome to the XJO Tuesday Thread
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News for Today (AEST)
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The XJO closed lower on Monday, where spread increased to average, and volume was pretty good for a Monday.
The Index never looked like rising, and sliced lower pretty much from the open, eventually closing below the lows of the previous four days.
Price is back near the lows of the trading range again now, where it has reversed numerous times since mid/late June. Perhaps the opportunity will present for something different this time, like a deeper shakeout.......or even a price breakdown, which is less likely, but always possible.
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Good Trading and Investing
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