I'm a bit earlier than normal tonight, as I am a bit pushed for...

I'm a bit earlier than normal tonight, as I am a bit pushed for time.
I expect today's volume number may increase a little when finalised.

The XJO closed marginally lower today.
Spread reduced considerably, the close was quite positive, and volume was above average - which is very high for a Monday.
I expect the high volume was increased selling pressure because of the ongoing Coronavirus issues in Victoria (mostly).
While we always need to view the response to today's trading to gain a better understanding of the markets sentiment, it appears that the broader local market was happy to absorb (buy) that increased supply today (for whatever reason).


cheers

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