30/8/22. Ozzie Market lifted today after yesterday's big fall.
XJO was up modestly today, +0.47%. U.S. was down last night, so today's action is probably pre-empting a move in the U.S. tonight.
It has bounced off horizontal support and support of the Base Line of the Inchimoku system.
That's a positive sign.
The Index remains above the Kumo Cloud. which is a dividing zone between bullish and bearish.
Breadth was positive today with ten of eleven sectors rising. Advances/Declines were
NewHighs/NewLows were positive 21/
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