Finspiration Australia. Chart Analysis for Australian and International Stock Markets.

 20/6/22.  Oz market up strongly today.

XJO was up today +1.65%.  It broke out above its recent sideways consolidation.  That's a positive.

Volume recently has been very low.  Today saw a rise in volume, albeit off a very low base.  But the rise in volume is another positive.

NewLows/NewHighs were on a par today 7/7.  A break higher for NH-NL could be in the offing.

Advances-Declines continues to be bullish.

Today's action was bullish.  In the very short-term it could be too bullish.  Advances-Declines hit a new high for this year - that's a contrarian sign for a short-term pull-back.

Don't let a short-term pull-back deter you.  The market is performing very well.