Good Morning and Welcome to the XJO Thursday Thread
News for Today (AEST)
The XJO moved modestly higher on Wednesday.
Spread was average, close was high, and volume (value traded) was a very slight increase over Tuesdays.
The Index closed just above the high of the 31st March bar and the associated congestion surrounding it,
although the high of Mondays widespread downbar has not yet been exceeded.
I estimate supply will not be particularly strong immediately above Wednesdays close, so the Index may continue to grind (float) higher.
Good Trading and Investing
cheers
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