Thursday, April 21, 2022

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

XJO improved modestly today.


 XJO was up today, +0.31%, which is a modest rise.  The overall trend remains bullish.

It was an inside day - inside the range of the previous day, which indicates indecision.

The Index is knocking on the line of overbought.  The next movement is likely to be down.

BHP reported this morning, and, like Rio yesterday, its production report indicated a slow-down.  BHP was down -3.06%.  Rio also fell, down -1.64%.  

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