Thursday, October 13, 2022

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

 13/10/22.  Australian market finished flat today.


For the second day in a row, XJO finished flat.  Today it was down just 0.07%,

Tonight in America, the Consumer Price Index will be issued.  No doubt that has been a factor in the last two days where little movement has occurred.  We might see some bigger moves after tonight.

Breadth today has been poor with nine out of eleven sectors losing ground. Financials (XXJ) saw a positive day recording +1.4%.  The only other positive sector was Consumer Discretionary (XDJ) up just +0.1%.

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