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

1/8/22.  XJO up strongly today +0.7%.  That's five days to the upside.

XJO is now at the top of the Kumo Cloud.  That's a resistance level of some significance.

CCI shows a negative divergence.  That's a cautionary note.

The short-term trend remains up, but under a cloud.  Stay with the trend until it reverses.

NH-NL Cumulative is at a pivotal point.

If you squint your eyes, you can see that NH-NL Cum is now above its 10-Day MA.

That's important - but not definitive of a change in trend.

Watch other indicators for confirmation