Good Morning and Welcome to the XJO Tuesday Thread
News for Today (AEDST)
The XJO moved sharply lower on Monday, with a wide spread, closing low, on below average volume (value traded).
Volume was probably quite good considering Vic, SA, Tas & ACT all had a public holiday on Monday.
There are plenty of What If's and some But's about Mondays bar, probably too many to list (I started to list them all out, but it became far to long and confusing),
best to see what we get on Tuesday first.
Mining Stocks, and Iron Ore stocks in particular were the worst performers on Monday.
Iron Ore Index (constituents listed on the chart)
Equal Price Weighted (EPW) - Daily
Gapped down, over the potential support and continued lower.
The Wave Chart for the Iron Ore Index (EPW) back to Aug 2012,
Showing the breakdown past the previous pivot.
Long Term Charts - Interest Rates
Good Trading and Investing
cheers
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Last
8,551.6 |
Change
-78.700(0.91%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |