Good Morning and Welcome to the XJO Wednesday Thread
News for Today (AEDST)
The XJO moved sharply lower yesterday, closing low, on an increase in volume (value traded),
breaking below the potential horizontal support & the uptrending line from the recent lows.
This was probably in response to the U.S. markets lower close on Monday.
There is an interesting Longer term Axis Line coming through to keep an eye on @ ~5147, just below the current price, which may come into play should this weakness continue.
Good Trading and Investing
cheers
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