Good Morning and Welcome to the XJO Tuesday Thread
The XJO closed higher on Monday, where price made a decent attempt to breakout above the little sideways range it has been in for a week. Spread increased, volume was pretty good for a Monday (especially when a few states had a public holiday), but the position of the close was not so good. The midbar close illustrates that there is supply waiting above, which will probably need to be absorbed if price is to rise sustainably. So overall it was a pretty good effort to remain above the breakout line at the close of trade, and suggests there is some 'intent' behind the move.
Good Trading and Investing
Smart and Sexy Tuesday
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Last
7,829.7 |
Change
66.500(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,763.2 | 7,832.3 | 7,763.2 |
| XJO (ASX) Chart |