Actually it's Poultry Day....I was just being a bit more dramatic and humorous with today's title......
Good Morning and Welcome to the XJO Monday Thread
The XJO closed a little higher on Friday, probably in response to the potential support seen on Thursday.
It wasn't a seriously strong move higher in response, but does help to confirm the buying on the previous bar.
Spread only increased a little, but volume was very high, and was (unusually) even higher than Thursday's expiry affected volume. This was most likely due to the very high volume drawn out in response to the announcement of a demerger of Coles from WES. Overall, price remains well within the relative safety of the neutral zone.
Good Trading and investing
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