The XJO is expected to open lower this morning following a strong pullback in the U.S on Friday. As of writing, our futures have us retreating once again to the comfort of the convergence of the key moving averages, which come in at roughly 7,250. U.S futures are mildly in the green, which at least
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The XJO is expected to open higher this morning following a strong rally in the U.S overnight and their slightly positive futures. We should break the recent consolidation range on open, pushing through 7,200. At time of writing, our expected open is near 7,270, which is just above where the key MAs have converged at
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The XJO is expected to open flat this morning following a meek rise in the U.S overnight. Their futures have edged into the green. We were expecting more of a reaction from the U.S last night considering their CPI numbers came in slightly higher than expected overall. Our hunch is they will have a delayed
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The XJO is expected to edge lower on open this morning, following a small pullback in the U.S overnight. Their futures sit flat. Yesterday we managed to retake intraday losses to finish slightly in the green. Both the XJO and the U.S are consolidating sidewards with indecisive trading as we head into the U.S CPI
Read MoreThe XJO is expected to edge higher on open this morning. The U.S had a decent move higher overnight, but we led them yesterday with our own relatively strong move. With U.S CPI on Wednesday night, coupled with flat to negative U.S futures this morning, our market is likely not committing either way for now.
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The XJO is expected to open flat this morning. This follows another indecisive night of trading in the U.S on Friday which saw them give up most of their intraday gains to finish marginally higher. Furthermore, their futures sit flat this morning. It’s a lazy Monday open. We finished last week managing to hold support
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