Finspiration Australia. Ozzie market finished up strongly today.

XJO up today +1.08%.

 Today saw good action in the XJO but it remains below the key moving averages, 50/200.  It is also below the Ichimoku Cloud.

Those represent important resistance levels.  XJO has to climb above those to prove its bullish credentials. 

Best performing sectors today were all defensives.  Consumer Staples (XSJ +1.72%).  Health (XHJ +6.22%).  Property (XPJ +3.09).  We saw switching out of resources into defensives.  XEJ -0.74% and XMJ -0.36%.

The good performance in Health was driven by a good result from CSL +8.51%.  The Health Sector has been under a lot of bearish pressure recently.  This might see a bullish rebound.