Good Morning and Welcome to the XJO Wednesday Thread
News for Today (AEST)
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The XJO closed higher on Tuesday,
and now show's a potentially bullish two bar reversal
(a particularly nice one actually, as the second bar closed above the high of the first bar).
Expect some sort of difficulty at and above 5614, if/when it attempts to challenge that level,
and will most likely require a decent increase in volume to push up through there.
Volume (value traded) on Tuesday was again below average, although it was a slight increase over Mondays volume.
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Good Trading and Investing
cheers
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