The XJO is expected to edge higher on open this morning in what is expected to be another lacklustre day of trading. The U.S was closed overnight due to thanksgiving. Their futures closed flat, and they remain flat this morning. All of which provides no leads for our market. Yesterday we sold off to roughly
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The XJO is expected to edge lower on open this morning despite a small rally in the U.S overnight. Their futures are flat, and so it is sort of puzzling as to why our market is so reluctant to price in their gains. Aside from the clear cynical and meek attitude our market typically has,
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The XJO is expected to edge lower on open this morning following a marginal pullback in the U.S overnight. Their futures sit flat. Technically our market looks like it is trading in a small ascending triangle. There is an uptrend line that has formed since the lows of roughly 6,750 and comes in roughly at
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The XJO is expected to edge higher on open this morning despite the U.S renewing their buying with a strong bullish session to finish within a stone’s throw of their all-time high. Their futures are flat this morning. Much of the rally was driven by tech in the U.S, which is underrepresented in our market
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The XJO is expected to rise this morning following continued strength in US markets on Friday. Our futures are pointing to a rise of around 20 points, to roughly 7,070 index points. Our XJO traded a bit nervously towards the end of last week as if we were almost expecting a US pullback, but should
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The XJO is expected to edge higher on open this morning following a second night of indecision in the U.S which saw their market finish marginally higher. Their futures are also meekly in the green. Our market pulled back yesterday, likely due to sticky unemployment numbers which our market would have preferred to see come
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