Good Morning and Welcome to the XJO Wednesday Thread
News for Today (AEDST)
XJO - Spread narrowed yesterday, however volume (value traded) was up, just a little above average, which suggest's that perhaps a little potential weakness had entered the market.
This is more likely to reflect a hesitation within an upmove, rather than a serious top.
The XJO Daily Wave chart shows the most upside volume since August & the ease of movement higher shows a potential lack of selling pressure at this point in time.
Good Trading and Investing
cheers
PS- Good Luck to sck's, for his call for XJO-5400, made a couple of months ago, looks quite possible shortly.
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