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The XJO closed higher on Wednesday Spread reduced again, as...

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    The XJO closed higher on Wednesday
    Spread reduced again, as volume reduced to average, and the close was strong (near the top of the bar).
    The increased demand and change in sentiment that has emerged this week as participants re-position after the Federal Election, appears to be getting a little tired.  This suggests the market might like to come back and consolidate the recent gains for a period, and at the same time test the strength of the breakout above the April highs.
    xjo 220519.png

    cheers
    Last edited by Jako8557: 22/05/19
 
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