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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEDST)
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The XJO closed higher on Thursday, where spread narrowed, and volume was roughly equal to Wednesday, and about average overall.
The reduced spread may be slightly concerning, however as the Index continues to gyrate up and down in a relatively tight range right at potential resistance, the price action suggests there may be an attempt to absorb the supply present at this level, in preparation for a continued move higher.
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