Good Morning and Welcome to the XJO Tuesday Thread
News for Today (AEDST)
Yesterday the XJO came off with a fairly average spread, closing low, on low'ish volume (value traded).
It is still moving within the congestion from mid/late November 2013,
& the relatively shallow angle of decline suggests absorption of supply.
A successful shakeout, test or reversal at this level, would offer some confirmation of the absorption theory.
Good Trading and Investing
cheers
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |