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Good Morning and Welcome to the XJO Tuesday Thread
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News for Today (AEST)
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The XJO closed slightly higher on Monday
Spread reduced, as did the volume (although it was about average for a Monday), and the price action traded within last Friday's range.
The Index continues to trade sideways in a range at this point in time, as the sellers have been offered the upper hand a couple of times recently which they have not accepted, this leaves the highest probability that price continues to work through the absorption process at this level.
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Good Trading and Investing
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