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

 19/9/22.  XJO down modestly today.

XJO was down a modest -0.28%.  It is down, more or less, to horizontal support.  The Index is oversold on the RSI at 38.88.  That suggests that the next move will be to the upside.

The two biggest sectors (Financials and Materials) were dead flat today, both 0.00%.

There's not much that can be read into today's narrow range action - except we can expect a widening of action tomorrow.  Given horizontal support on the XJO and oversold reading of the RSI - tomorrow is likely to be up.