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

 11/10/22.    XJO fell today after being up +0.6% in early trade.

XJO fell -0.33% today.  A disappointing result after being up early in trading.

Supertrend line has turned bearish and Hull MA13 has turned down.  Both of those are short-term trend indicators.

The Index remains above the 10-Day MA which could provide some support.  If that fails then we'll be looking at a test of the Oct. 3 low.

Important economic data is released in the U.S. tonight, e.g., economic optimism index and consumer inflation expectations.  It could be a busy night for U.S. Stocks.

European exchanges have opened lower tonight.  London's FTSE, for example, is down -1.5%.

It looks like the intra-day fall in Australia was pre-empting overseas weakness.