Proof Reading Wednesday

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Good Morning and Welcome to the XJO Wednesday Thread
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News for Today (AEDST)



The XJO closed higher on Tuesday, where spread and volume both increased to about average.
There was no decisive move in the market again, the Index initially dipped lower straight after the open, but did not draw out much supply, and so in response to the lack of selling pressure, price moved higher.  The low of last Thursday's widespread upbar remains intact, which is a minor positive.  The XJO has effectively moved sideways since late February.......and at this stage it appears that the buyers are absorbing the supply from the sellers, in preparation of a move higher.





Good Trading and Investing