Finspiration Australia. Chart Analysis for Australian and International Stock Markets

 XJO fell for the seventh day in a row, down -0.64%.

The Index is very oversold with an RSI(14) at 21.6.  We rarely see figures that low on the XJO.

Seven Sectors were up and Four Sectors were down.  We have an unbalanced market which is good news for those in the bullish camp.

The worst performers today were Energy (XEJ -5.2%) and Materials (XMJ -4.6%).  

Best best performers today were Property (XPJ +3.6%), Consumer Discretionary (XDJ +2.8%) and Health (XHJ +2.4%). Financials (XXJ +0.6%) had a reasonably good lift today.

Volume fell to a three week low which might suggest that bears are losing interest in driving the market lower.

U.S. Equities market is shut for Juneteenth Holiday tonight.  That may have affected our volume today.