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

 25/8/22.  XJO up strongly today +0.71%.

Well - what are the odds on this one?

I'm no bookie - but this looks like a toss up to me.

XJO remains below the 200-Day MA.  That's a negative.

XJO remains above the Kumo Cloud.  That's a positive.

The chart lies between the Conversion Line and the Base Line - that's indecision.

Trend Spotter from Bar Chart is up.  That's a positive.

Hull MA13 is still sliding down.  That's a negative.

Place your bets - On Red or Black?  You have a 50% chance one way or the other.

I'd wait until I see more evidence in a move - one way or the other.