The XJO is expected to extend the losses from last week on open this morning, following another strong pullback in the U.S on Friday. Scares around U.S recession have flowed directly into our market, with our futures set to open near 7,775 at time of writing. This sheds practically all of July’s gains and puts
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The XJO is expected to fall this morning following both a strong pullback in the U.S overnight and their negative futures this morning. Yesterday we set all-time highs once again, though we gave up most our intraday gains to finish near the open. This signal was the beginning of an evening star reversal pattern, and
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The XJO is expected to rally on open this morning following a similar move from the U.S overnight. Their futures are also mildly in the green. Yesterday we opened higher, but it wasn’t until the CPI release at 11:30am (AEST) did our market truly drive higher. CPI came in as expected, but trimmed CPI came
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The XJO is expected to rally on open this morning despite a small pullback in the U.S overnight. U.S futures are in the red. Yesterday we bounced off key support at roughly 7,900 intraday to retake over half the day’s losses. This morning we should open near 8,000. We seem to be hanging around these
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The XJO is expected to open lower this morning following a muted night of trading in the U.S. Their futures are also flat. Our market may have gotten ahead of itself yesterday. With the U.S not following suit, our market is due to give up most of yesterday’s gains on open. We should open near
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The XJO is expected to jump strongly higher this morning following a strong positive session from US markets on Friday. Though US shares closed a fair bit off from their highs on Friday, their futures have pushed strongly higher this morning. Given all of this, our market is expected to open around the 8,000 point
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