Good Morning and Welcome to the XJO Thursday Thread
News for Today (AEST)
The XJO moved marginally higher on a slight increase in volume on Wednesday
On Tuesday the low'ish close warned that the sellers may have had the upper hand (just slightly),
however this was not confirmed with a down bar on Wednesday.
The Index now has three fairly closely clustered closes,
right up where supply has thwarted recent upwards progress,
this infer's that supply is being absorbed (bought) right up at the resistance level, as it comes in.
It appears the Index will challenge the April/May highs in the coming days.
Good Trading and Investing
cheers
PS- I can't do a cranker for Friday..........
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Last
8,545.6 |
Change
3.300(0.04%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,542.3 | 8,576.0 | 8,542.3 |
| XJO (ASX) Chart |