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XJO 6,339.2

Good Luck - Tuesday

  1. Jako8557

    15,692 Posts.
    461
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    Good Morning and Welcome to the XJO Tuesday Thread




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    News for Today (AEDST)

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    The XJO closed slightly higher on Monday, after dipping lower during the morning session.

    Spread narrowed, the close was high, & volume (value traded) was below average, but around normal for a Monday.

    After such a strong move on Friday, it was unlikely the market would do much more than dip lower and test for supply, and if relatively low, attempt to consolidate around Fridays highs, especially as there will be no overnight lead, with the U.S. markets closed for Presidents Day.

    Fair chance today will be similar to Monday (sideways'ish), but with higher volume, which may push and pull price around a bit more strongly.


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    Good Trading and Investing



    .


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