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Good Morning and Welcome to the XJO Thursday Thread.
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News for Today (AEST)
The XJO closed marginally higher on Wednesday, where spread narrowed, and volume reduced.
The Index initially attempted to rise after the open in response to overseas trading, but drew out increased supply, so pulled back and appeared to absorb the supply, which eventually caused a level close. The price action suggests an inability to maintain a rally at this point in time, but so far there has been no intention to force a breakdown. So it appears sideways trading remains the highest probability at this time.
Good Trading and Investing
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Last
8,109.9 |
Change
18.000(0.22%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,091.8 | 8,116.9 | 8,041.3 |
| XJO (ASX) Chart |