Wednesday, April 20, 2022

Finspiration Australia. Technical analysis of the Australian and International stock markets.

 The ASX started strongly today, peaked at about 11.00 a.m., then it was all down-hill, to finish up just +0.05%.  Breadth was poor with Advances 679, Declines 788.


Today's intra-day selling results in a "shooting star" candle which, coming at the top of a trend, often marks the end of the trend.  A big down day tomorrow would confirm the end of the trend.

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

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