Fish Fingers and Custard Tuesday

Good Morning and Welcome to the XJO Tuesday Thread

The XJO closed lower on Thursday, where price threatened to breakdown for a second time (at this point it is an unconfirmed breakdown, and price could still recover, although that may be less likely, or temporary occurrence).
The high volume was a construct from Individual Equity Expiry the day prior, and can be discounted somewhat.
It certainly appears that the Index has 'clearly' broken below the previous support, and if confirmed today (by showing an inability to recover the lost ground, or with another decent downbar in response), the next lower levels are roughly 5600 and 5650, and below that, are only some minor levels down to 5200.  
Finally, keep in mind that some overseas markets will have traded twice since the Aussie market closed for Easter last Thursday.







Good Trading and Investing