Finspiration Australia. XJO down for third day. 8/3/22

XJO finished down -0.83%.

 XJO is now testing the most recent low.  That will probably result in a bounce here.

Plenty of overhead resistance remains, so any rally will be a sign to sell in to.

The only Sectors up today were Health (XHJ +1.*%) and Consumer Staples (XSJ +1.7%). The big push behind our market saw weakness today.  Energy(XEJ)  -3.6% and Materials (XMJ) -3.3%.  So the big money is switching out of the drivers of our market despite positive results overnight in Energy an Iron Ore.