Weekend Charting & Chat
Only try this on a Long Weekend............
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The XJO only closed modestly lower (for a change) on Friday.
Volume (value traded) reduced to below average, which allowed the spread (or range) to narrow, and the close was in the middle suggesting a little indecision. Perhaps the lower volume on Friday reflects that some of the market participants did their best work earlier in the week, and indulged in an office party or left work a bit earlier than usual, for the long weekend.
This may only be a pause in proceedings..........we'll see........... I am not that keen on a low'ish volume, indecisive bar being a low of some sort.
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Long Weekend Charting and Chat - 5th June 2015
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Last
7,796.0 |
Change
26.600(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.4 | 7,796.9 | 7,753.9 |
| XJO (ASX) Chart |