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

 6/12/22.  Evening Report.

Australian market down moderately today.  XJO down -0.47%.

XJO remains in a consolidation pattern. The Conversion Line of the Ichimoku pattern may provide support.

If that fails we have support from the Base Line at 7100 (round figures).  XJO currently at 7291.  I'm not expecting that to come into play.

XJO is in a strong upside trend.  Stay with the trend.