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

 10/10/22.  ASX falls heavily today after weak results in the U.S. on Friday.

          

Above is an Heiken-Ashi Chart for the XJO which shows the index reversing from previous highs.  That's confirmed by a turn down in the RSI and Stochastic.  Expect more downside.

Breadth was poor today with all eleven sectors losing ground.  Advances/Declines = 364/968.  Expect more downside.