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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEST)
The XJO sliced down with an increased spread, to close sharply lower on Thursday.
Price pushed lower from the open and has again broken down from the danger point (5691.9).
Eventually, during the afternoon, it did find some intermediate support at the 5606.7 line.
No telling yet as to whether this support will hold or not......
Selling pressure was the order of the day on Thursday, however volume fell again, to be right on the average line, so a lack of demand may have also played its part in the outcome.
Good Trading and Investing
.
PS- I will be away for the weekend, leaving this morning, back Sunday night.
I will open a Weekend Charting and Chat Thread before I leave, can someone post something on it, to bump it up the list on Friday night please.
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Last
7,947.3 |
Change
57.700(0.73%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,954.5 | 7,889.0 |
| XJO (ASX) Chart |