XJO
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0.10% 7,767.5 s&p/asx 200

IOU - Wednesday

  1. Jako8557
    19,112 Posts.
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    05/08/14
    23:42
    Post #: 13774971





    Good Morning and Welcome to the XJO Wednesday Thread


    News for Today (AEST)






    The XJO closed lower on Tuesday.
    Volume (value traded) was back again, just a little above average, & spread increased on that volume.
    Price closed just hanging on to the bottom of the reverse trend channel.

    Tuesdays bar took out the low of Mondays bar & also the line across the early July highs, which is not a good look (for the ST bulls)
    The Index is now moving back towards the previous congestion zone.
















    Good Trading and Investing


    cheers
    XJO Value at posting: 5,518.6
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    lightbulb Created with Sketch.  Great analysis
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