The XJO is expected to open lower this morning following an intraday retracement in the U.S overnight, which saw their market finish marginally in the red. Their futures have also moved into the red, and if they remain so during our session today, expect the opening losses to extend. It seems over the past couple
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The XJO is expected to edge higher on open this morning. On Friday we broke higher, making fresh all-time highs. The U.S followed suit in their session Friday night and their futures are flat this morning. Their market has consistently dog-legged higher, so it is good to see our market finally have the courage to
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The XJO is expected to open flat this morning following a small rebound in the U.S overnight. Their futures have edged into the green. Yesterday we managed to reach key resistance at roughly at 7,700 and stalled. With the U.S continuing its sideward march overnight, our market likely feels reluctant to push through and make
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The XJO is expected to open lower this morning. This follows a fairly flat night in the U.S, however their futures have moved well into the red this morning which will likely weigh on our market today. Yesterday was in step with the indecisive and low volatility environment we have been trading in for the
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The XJO is expected to edge higher on open this morning following a small intraday recovery from the U.S overnight which saw their market finish marginally in the green. Their futures are flat. Our market continues to trade at the point of the pennant pattern. Yesterday we rebounded off the underlying uptrend line and managed
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The XJO is expected to open flat this morning despite a small pullback in the in the U.S overnight. Their futures are flat this morning. We continue to trade in an ascending triangle, and possibly a pennant pattern. Yesterday we stalled at possibly a countertrend line. Regardless, the uptrend line comes in just above 7,600,
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