The XJO is expected to edge higher on open this morning despite a small pullback in the U.S last night. Their futures are in the green. U.S tech was the main contributor to their falls which is not as well represented in our market. Coupled with our likely overextension to the downside yesterday, it helps
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The XJO is expected to tumble on open this morning following a strong pullback in the U.S overnight. Their market broke both the uptrend line and key support to move back under their previous all-time high resistance. Our market is expected to do the same on open. U.S futures have moved a decent measure into
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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 have moved into the red. Ever since the breakout recently, our index has been pretty much copied the overnight moves from the U.S. Their futures during our sessions have not done much, and therefore
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The XJO is expected to rally on open this morning following a strong recovery in the U.S overnight. Their futures are mildly in the green. The U.S bounced off their previous all-time high resistance as support, and our market is set to do the same this morning. Yesterday we reached practically reached 7,900 intraday and
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Our market is expected to start the week lower. The U.S on Friday continued their selling, and our market will simply follow suit. U.S futures are mildly in the green this morning. On Friday we managed to retake half the intraday losses by close. This morning, we should retest Friday’s lows with an open near
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The XJO is expected to open lower this morning following another night of selling in the U.S. Their futures are in the green. It’s a similar scenario we were looking at yesterday morning pre-open, where we have seen the U.S sell down overnight but their futures are marginally in the green. The difference is, the
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