XJO 2.11% 7,943.2 s&p/asx 200

let the good times roll - wednesday

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    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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