The XJO is expected to edge lower on open this morning following another lackluster night of sidewards movement from the U.S. Their futures have also edged into the red. Yesterday we kept in step with the past few sessions. Our market once again tried to move away from the middle of the range, but retraced
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The XJO is expected to edge lower on open this morning following a small pullback in the U.S on Friday. Their futures have edged into the green. The past few sessions have been very volatile, trading like a whipsaw. Each time we seem to make ground, we reverse and move back to the middle of
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The XJO is expected to open higher this morning following a small rise in the U.S overnight. Their futures sit flat. Yesterday we managed to crawl back most of our intraday losses, bouncing off an underlying uptrend line. We saw the same moves in both our materials and financials. Ultimately it seems we still want
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The XJO is expected to open lower this morning despite another small rise in the U.S overnight. We should open near 7,700 key support as our market continues to sell off. There are a few likely reasons for our extended sell down this morning. Firstly, U.S futures have moved into the red. Secondly, the financials
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The XJO is expected to edge lower on open this morning following despite a small rise in the U.S overnight. Their futures are flat. We had an unexpectedly strong rally yesterday, where we almost reached key resistance at roughly 7,850. With the U.S continuing to track sideward overnight, our pullback this morning is likely our
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The XJO is expected to jump around 40 points on open this morning, back to the rough resistance level at 7,780, though this level could be possibly be drawn anywhere from 7,770 – 7,800. The gains come after most US sectors closed in the green overnight, with only US technology stocks seeing notable selling. Iron
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