Monday, July 4, 2022

Finspiration Australia. Chart Analysis of the Australian and International Stock Markets.

 4/7/22.  XJO up strongly today.  +1.11%

Today's Heiken Ashi candle show a "doji" rather than a big up day in regular candle-stick charts.

That suggests a possible change in the short-term trend, i.e., to the upside.

Long-term, the XJO remains in bear market territory.

All sectors were positive today.  The best was Energy (XEJ +2.62%). That's a return to form as Energy has been weak lately.  It still remains in bearish territory.




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