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Good Morning and Welcome to the XJO Wednesday Thread.
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News for Today (AEST)
The XJO closed higher on Tuesday, where spread narrowed, and volume increased.
Price moved higher in response to Monday trading, however the Index only really ground higher, and did not show any 'ease of movement' as it gained ground. Whether this narrow spread upbar combined with increased volume, is illustrating part of the absorption process - or supply coming in - is questionable. Personally, I lean towards the former, until something obvious happens to change that view.
Good Trading and Investing
Ride the Wind Wednesday
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Last
7,822.3 |
Change
-9.500(0.12%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,831.8 | 7,831.8 | 7,807.7 |
| XJO (ASX) Chart |