Good Morning and Welcome to the XJO Wednesday Thread
The XJO closed lower on Tuesday, where spread increased to wide, but volume remained subdued.
It was good to see some decent movement in the Index (finally).
Price sliced down through the 6052 level, and volume was not excessive (which reduces the expectation of an immediate reversal).
Watch for the response to Tuesday's bar, as the depth and duration of this pullback will offer important information as to the underlying strength or weakness in the overall market.
Good Trading and Investing
Lucky Penny Wednesday
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |