Good Morning and Welcome to the XJO Wednesday Thread
News for Today (AEST)
The XJO made a brief attempt to push higher on Tuesday, before supply again came in and took it lower.
Using the wave chart again, and looking at the bars in particular,
there was an attempt to support the market @ 5390, which failed dismally the very next bar,
However the last two complete bars, showed a narrowing of the spread right at potential support,
especially the last complete bar,
whether there was enough support in there to pick the market up again, will be seen today....
Good Trading and Investing
cheers
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