Thursday, August 4, 2022

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

 4/8/22.  Oz Stock finish marginally higher after intra-day sell-off.


Today was a narrow-range day sitting inside the range of the previous day.  We can expect range expansion tomorrow.

Breadth today was positive 754/577.

Financials (XXJ +0.6%) was a stabilising sector today.

Our market continues to be hostage to the American reporting season.  That makes prediction very difficult.

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