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Good Morning and Welcome the the XJO Monday Thread
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News for Today (AEDST)
The XJO closed lower on Friday, where spread narrowed, and volume was below the average.
The Index came back a little, and volume was much reduced, so not much supply was drawn out,
(selling pressure was low).
Price traded inside the previous bar, and closed well above its low, so very little damage was done.
A clear break and close below the line marking Thursdays low, may change the short term trend.
Good Trading and Investing
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