The XJO is expected to open flat this morning. The U.S recovered overnight and their futures are flat this morning. We recovered well yesterday, rebounding off the underlying uptrend line, key support at 7,700, and the 50 Day MA. We stalled at 7,800 though, and this morning we will test it again. Markets are likely
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The XJO is expected to open higher following a recovery in the U.S on Friday. Their futures are flat. For a moment there it looked like the U.S was going to break lower with its strong pullback last Thursday. However, during their Friday session they were able to retake much of the previous session’s losses
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The XJO is set to tumble again today following a pullback in the U.S overnight. Their futures are flat. Our market should retreat back to the comfort of the 50 day MA on open this morning, which comes in at roughly 7,740. We may selldown further to 7,700 support if things get worse come open,
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The XJO is expected to open lower this morning following a tentative night of trading in the U.S, continuing on their sideward consolidation. Their futures are mixed, with Nvidia boosting aftermarket trading with their positive report. BHP on the other hand fell close to five per cent as their offer for Anglo was knocked back
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The XJO is expected to open higher this morning following a small move higher in the U.S overnight. Their futures have also edged into the green. The U.S managed to hold their gains and once again flirt with their all-time high resistance. Our market is expected to somewhat follow suit, but we may not exactly
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The XJO is expected edge lower on open this morning following a flat session in the U.S overnight. Their futures have edged into the red. Volatility is coming out of the market. We had another inside day yesterday but managed to hold the gains. We pushed through 7,850 and should retest it on open this
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