The XJO is expected to open strongly higher this morning following a similar move from the U.S. on Friday. Their futures also closed marginally in the green, indicating at least that the rally isn’t being immediately met with profit-taking. They are closed tonight, so we can only monitor their futures to see how they continue
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The XJO is expected to open flat this morning despite a push higher in the U.S overnight. Most sectors were flat to negative, but tech jumped 4.45% pushing their indexes higher. Our market in comparison is light on tech and with their other sectors flat to negative we aren’t set to price in similar gains
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The XJO is expected to continue falling today following another night of selling in the U.S. Their futures have stabilised however, which at least indicates that the selling isn’t being immediately met with more. As per usual, the U.S looks like it will run the clock in the debt ceiling issue. Commentators are confident it
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The XJO is expected to open lower this morning following a pullback in the U.S overnight which saw them pull back into their consolidation range. Coupled with their green futures this morning, our market should hold our own consolidation range and halt just above 7,200. There isn’t much to say except that markets continue to
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The XJO is expected to open flat this morning following an indecisive night of trading in the U.S which saw their market finish flat. Their futures are also flat this morning. Markets continue to track sideward. Yesterday we pulled back from the top of the recent consolidation range which comes in around 7,300 to once
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The XJO is expected to edge lower on open this morning following a pullback in the U.S on Friday. With the U.S not committing to a break of their recent highs, our market seems likely to continue hanging around the consolidation range we tried, but failed, to break out of last week. 7,150 to 7,200
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