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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEST)
The XJO rejected off the breakdown line just above Wednesdays close, and accelerated lower from the open.
The spread was wide, volume (value traded) above average, and the close was low.
The supply appeared to gain momentum during the day, as the sellers took control.
The Index sliced down to close sharply lower on Thursday.
Importantly, price broke below the lows of both Tuesday's and Wednesdays bars, and finished the day clearly under them.
At the end of day, the Index finished at the next lower potential support lines, where it is possible price may pause, at least temporarily.
Good Trading and Investing
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Paranoid - Friday
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |