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

21/12/22.  Finspiration Wednesday Evening Report.

XJO up strongly today +1.3%.

XJO remains in a short-term down-trend, but today's action is (almost) a bullish engulfing pattern.

Is close enough, good enough.  Probably.

Go long - short-term.

Having said that, Ichimoku is still shot-term bearish.  Take your chances.