The XJO is expected to open lower this morning following a strong pullback in the U.S overnight. Their futures are flat. The inevitable pullback happened last night in no uncertain terms. It is hard to suggest this is the result of anything serious or a genuine change in trend, but rather some well overdue profit
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The XJO is expected to open higher this morning following another night of gains in the U.S. Their futures are flat. Yesterday we managed to break through key resistance at roughly 7,450 and today we look set to test the next key level at roughly 7,550. The strength underpinning markets is almost dizzying and it
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The XJO is expected to edge higher on open this morning following renewed buying in the U.S overnight. Their futures are flat. Yesterday we managed to crawl back most our opening losses to finish marginally flat. We were likely driven by positive U.S futures that moved higher through our session, heralding the renewed buying we
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The XJO is expected to open lower this morning following a small pullback in the U.S on Friday. Their futures are flat this morning. The U.S is starting to show a slowdown or consolidation after it dog-legged higher recently to be within arms reach of their all-time highs. Our market, which had finally decided to
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The XJO is expected to rally once again on open this morning following an indecisive night in the U.S. Their futures have edged into the red. Our expected open is near key resistance at roughly 7,450 which we seem likely we test today. Our strength despite the U.S, is likely us simply playing catchup since
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The XJO is expected to open higher this morning following a strong rally in the U.S overnight. Their futures are flat this morning. The U.S has obviously interpreted the news surrounding next year’s guidance on monetary policy extraordinary well and their positivity should directly flow into our market. We should open near 7,350 resistance, but
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