The XJO closed lower on Friday, with about average spread but lower volume.
The Index initially attempted to rise, however the was no real appetite for higher prices today, and the market quickly moved into consolidation mode. The losses were fairly limited up to lunchtime, but after lunch the regular Friday Afternoon increased supply started to come in. The increased supply soon overwhelmed the modest demand, and price drifted lower into the close.
No serious damage has been done so far...
cheers
.
XCL
australian commonwealth government loans
The XJO closed lower on Friday, with about average spread but...
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