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Good Morning and Welcome to the XJO Thursday Thread
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News for Today (AEST)
The XJO closed only a little lower on Wednesday, after being much lower during the day.
Volume (value traded) was just a touch above average, spread (or range) narrowed, and the close was above midbar.
Price is still holding on, and remains above, the lows of the bar from 7th May @ 5606.7
The last two bars do show (at least) an attempt to support the Index at this level,
however, some downside momentum has been generated now, so a sustainable turnaround will be a difficult task to complete.
Good Trading and Investing
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