Good Morning and Welcome to the XJO Tuesday Thread
No real surprises from the local Index on Monday, where the expected weakness was embraced by most of the market.
Price sliced lower with a wide spread from the open, and traded around the lows all day, on pretty high volume for a Monday.
Overall, not much damage has been done so far, and price remains in the neutral zone.
There is probably a bit more downside to come on overseas markets, which would probably see our Index test the strength of the line below.
Good Trading and Investing