Monday, November 14, 2022

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

 14/11/22.  Finspiration Evening Report.

Australian market was flat today, down just -0.16% after being up higher in early trade.


Lots of pluses and minuses exist in this chart.

The XJO is at a major horizontal resistance level - the high from mid-August 2022.

On the other hand, the Index is well above the 200-DMA - that's a bullish event.  Any pull-back is likely to be bought.

ProRealTime Bands have now turned bullish.

Stay with the up-trend - buy dips.


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