Buzzard Thursday

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    Good Morning and Welcome to the XJO Daily Thread

    The XJO continued lower on Wednesday, in sympathy with overseas markets.
    Spread increased a little, volume was similar again (not overwhelming), and the close was nearer the daily low, which suggests that any positions held from speculative buying off the lows on Monday and Tuesday, was most likely dumped.
    Overall, price is back within the relative safety of the neutral zone, and may come back and re-test the lows of that range.

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    Good Trading and Investing


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