Weekend Charting and Chat - 29 Aug 2014

  1. 19,112 Posts.
    lightbulb Created with Sketch. 3682
    The XJO closed slightly higher on Friday.

    Spread was narrow and close was a little above midbar.
    Volume (value traded) was affected by Expiry day, and as expected was very high.
    As usual it will take a day or so to reconcile the volume into context with the chart,
    but on the raw data it looks bullish (this can be unreliable though).

    The intraday chart (not shown) shows some difficulties around 5630, and I also have a line coming through above that, at 5637.5,
    with intraday support at roughly 5615.5




    cheers
 
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