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Good Morning and Welcome to the XJO Tuesday Thread
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The XJO continued the slow grind lower on Monday. Spread and volume were about average for a Monday.
The Index made a (weak) attempt to rise early in the session, but it eventually closed lower under its own weight.
Price is now down to the first of a couple of potential support zones, where some consolidation and absorption has taken place previously.
I expect a more serious attempt to support the market will be seen somewhere within these levels.
Good Trading and Investing
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