Good Morning and Welcome to the XJO Tuesday Thread
The XJO closed lower on Monday, where spread narrowed, the close was off the lows, and while the volume was below average, it was quite good for a Monday. This is another bar and volume which suggests the market is attempting to recover and consolidate (or accumulate). That said, until price is strong enough to rally in response, it is only a suggestion.
In the near term 'roughly sideways' in recovery/consolidation mode remains the most likely direction.
Good Trading and Investing
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Last
7,784.9 |
Change
-44.800(0.57%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,829.7 | 7,829.7 | 7,782.0 |
| XJO (ASX) Chart |