8/8/22. ASX finished flat today.
XJO up marginally today +0.07%.
MACD Histogram has turned negative, suggesting the next move will be down.
CCI is also showing a negative divergence.
We'll just have to wait and see how this plays out. A move above the top of the Kumo Cloud would be bullish.
Energy and Materilas kept the ASX afloat today. XEJ up +1.9%. The other resource sector, XMJ, was also strong today, XMJ up +1.8%.
Financials (XXJ), which is the largest of the ASX Sectors, was flat today 0.00%.
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