Finspiration Australia. XJO suffers an intra-day reversal.

 XJO finished down today -0.2%, breaking a surge of seven up days.  XJO was up early in the day, but an afternoon reversal cratered the index.

XJO has bad a great run recently so a pull-back is not to be unexpected.  The negative divergence on the CCI has been signalling the possibility of a pull-back.

XJO has plenty of down-side support.  So any pull-back is likely to be bought.

Nine sectors were down today.  The stalwart in the market was Materials, up +1.5%.