Good Morning and Welcome to the XJO Tuesday Thread
The XJO closed modestly higher on Monday.
Price traded inside the previous two bars on relatively low volume, so it was a bit of a 'nothing' bar, with the Index just marking time. Selling pressure remained low, but so did demand, perhaps the market was waiting for direction from overseas markets.
That said, a period of consolidation of some sort, was probably quite likely this week anyway......
Good Trading and Investing
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