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

 20/12/22.  Finspiration Evening Report.

XJO down -1.54%.

That's a massive down candle which usually results in a rebound the next day.

The main damage today was done at 2.00 p.m. when Japanese data came in.  Japanese central bank widened its target interest range.  Nikkei fell more >2% and the other stock markets followed suit.

Here's the XJO one day chat.

Such an extreme downside reaction is likely to create an upside reaction.  That's not evident yet in the XJO chart.  We should see that in tomorrow's intra-day chart.  

Let's see what tomorrow brings.