The XJO closed higher on Friday.
Price finished the week @5268.2, which is just below the top of the trading range @5303.1
On the wave chart, the shortening of the thrust (higher) can easily be seen on the previous push higher, then the (shallow) pullback on highish volume and subsequent rise, suggested price is attempting to absorb supply at the top of the trading range.
Further analysis later.....
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[ATTACH] The XJO closed higher on Friday. Price finished the...
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Last
7,682.0 |
Change
-17.800(0.23%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,699.8 | 7,703.4 | 7,644.2 |
| XJO (ASX) Chart |