Wednesday, March 23, 2022

Finspiration Australia. Another good upside day for the XJO.

 XJO up today +0.5%.


XJO finished marginally above the 200-Day MA but retreated from a minor horizontal resistance level.

All sectors except Materials (XMJ) were up today.  So breadth was good.  Information Technology (XIJ) was up strongly today +3.5%.  That's a good sign that the market is risk-on.

XJO has been up the last seven of ten days.  That's a good run.

I wouldn't be surprised to see consolidation here, but the market is looking bullish.

All sectors except Materials (XMJ) were up today.  So breadth was good.

No comments:

Post a Comment

Finspiration Australia. 14/11/23. Tues. Morning Report.

Mixed Results in New York.  Energy up. NAB ex-dividend today. Dow Jones +0.16%.  SP500 -0.08%.  Nasdaq -0.11%.  Small Caps -0.07%.  Banks -0...