The XJO is expected to open flat this morning following an indecisive night of trading in the U.S which saw their market also finish flat. Their futures have edged into the red. We continue trading in our broad ascending triangle. The U.S managed to push through theirs late last week, thanks to a strong rally
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The XJO is expected to rally on open this morning following a massive move higher in the U.S overnight which saw their market once again make fresh highs. Most of the rally was driven by NVDIA, so it is not reasonable to expect the same gains in our market. We should open near 7,650 and
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The XJO is expected to open flat this morning, following a U.S market that managed to rally from their lows to finish marginally in the green. Their futures have also moved into the green this morning. The U.S looks like it is willing to hold their underlying uptrend line by bouncing from it intraday last
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The XJO is expected to edge lower on open this morning. Yesterday, U.S futures heralded a stronger pullback which our market was skeptical to start pricing in and we managed to hold flat in the face of it. It seems we were vindicated, with the U.S overnight managing to claw back almost half of the
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The XJO is expected to open flat with no leads from a closed U.S market overnight. Yesterday we did very little as we continue to track near all-time high resistance at roughly 7,700. Today we should not expect much either. We continue to trade in an ascending triangle pattern, with the uptrend line coming in
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The XJO is expected to open flat this morning following a pullback in the U.S on Friday. U.S futures have moved into the red, and they are likely to drag us down if they remain so by market open. On Friday we pretty much moved back to our all-time high resistance and level and pulled
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