Suspenders - Wednesday

Good Morning and Welcome to the XJO Wednesday Thread


News for Today (AEST)




The XJO closed a little higher on Tuesday.
The Index now has five closes within an 11 point range.
It wasn't much of a surprise to see the market up slightly after Fridays and Mondays bars,
it looks like it has been 'on hold' for now, potentially absorbing supply at this new level.
The upside has the highest probability in the near term it appears.

Not much more to say really, although there is a trivial coincidence on the chart right now.
The widespread upbar from last Wednesday closed at 5577, and Mondays bar also closed at 5577
Then the next bar on Thursday (last week) closed at 5588, and Tuesdays bar (yesterday) closed at 5588
To keep the pattern going, Fridays bar (last week) closed at 5584,
so will Today's bar meet the trivial challenge (to keep us amused...), and also close at 5584......????

Spoiler : ***Paddo's Special***

Good Trading and Investing


cheers