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Good Morning and Welcome to the XJO Wednesday Thread
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News for Today (AEST)
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The XJO drew out some more follow through supply on Tuesday.
However, spread did narrow a little, and opposed to that, the volume (value traded) was increased, to above average.
So there may have been a little (hidden) speculative buying within Tuesday's bar.
The Index is back at a level where support was found in early May (@5606.7).
And should that level be taken out, the next potential support level lower to consider, appears to be @ 5554.5.
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Good Trading and Investing
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