Good Morning and Welcome to the XJO Tuesday Thread
News for Today (AEST)
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The XJO closed lower on Monday, spread narrowed, and volume (value traded) was quite low.
Selling pressure was low, but so was activity (seen as volume).
Possibly just the market in 'wait and see' mode for a day.
I changed the channel today, to a reverse trend channel, taken across the highs, with a parallel line from the lows,
the previous channel never looked great, see if this one makes more sense (or not, lol).
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Good Trading and Investing
cheers
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Last
8,084.5 |
Change
60.600(0.76%) |
Mkt cap ! n/a |
Open | High | Low |
8,023.9 | 8,086.7 | 8,023.9 |
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