XJO 0.99% 7,896.9 s&p/asx 200

Under New Management - Thursday

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    Good Morning and Welcome to the XJO Thursday Thread

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    News for Today (AEST)

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    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.


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    Good Trading and Investing

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