Australian Markets The XJO is expected to edge lower on open this morning following both a small pullback in the U.S. last night and their marginally lower futures this morning. Their pullback looks like a small breather at this stage, though it could be forming an evening star reversal pattern. If this plays out and
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Australian Markets The XJO is expected to edge lower this morning following a similar night in the U.S. Coupled with their green futures, we are getting early indications that the bleeding has been stemmed for now – providing a much-needed breath of relief from the past few sessions of pain. Yesterday we tried our best
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Australian Markets The XJO is expected to rally on open this morning following a strong recovery in the U.S last night. Their futures have also edged into the green which at least indicates that their strong buying isn’t being immediately met with profit taking. However, they stalled at key resistance last night, so we need
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Australian Markets The XJO is expected to edge lower on open this morning. The SP500 last night tried to break through their recent highs. Had they held their ground, they would be close to highs they hadn’t see since August last year. However, they sold off intraday to finish fairly flat. Coupled with their flat
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Australian Markets The XJO is expected to edge lower on open this morning. The S&P500 last night tried to break through their recent highs. Had they held their ground, they would be close to highs they hadn’t see since August last year. However, they sold off intraday to finish fairly flat. Coupled with their flat
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Australian Markets The XJO is expected to edge lower on open this morning. U.S futures closed mildly in the green and they are flat this morning. Yesterday our market had a strong rally, but faltered. We tried to move back into the consolidation range and trade back near 7,250, however after the morning session we
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