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Good Morning and Welcome to the XJO Thursday Thread
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News for Today (AEST)
The XJO closed marginally higher on Wednesday, after being much lower during the day.
Importantly, the spread narrowed and the volume (value traded) increased, as price reversed from the day lows - to close near the highs for the day. An upbar today would confirm the potential strength seen in Wednesdays price action.
As I see it, the thicker line drawn across 5039.6 is quite a significant level, and along with the more minor lines surrounding it, was well defended (again) during the day.
Good Trading and Investing
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Market Gyrations - Thursday
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Last
7,861.2 |
Change
-102.500(1.29%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,963.7 | 7,963.7 | 7,861.2 |
| XJO (ASX) Chart |