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Good Morning and Welcome to the XJO Tuesday Thread
The XJO closed marginally lower on Monday, where spread and volume were a bit below average for a Monday.
There is certainly no 'ease of movement' towards the downside so far, as the Index continues to (reluctantly) grind lower. Price is starting to get close to the more interesting medium term level of ~6052, which price pushed above in early May. It is at this level where underlying strength or weakness of the underlying market will likely be seen.
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Change
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