8/12/22. Finspiration Evening Report.
XJO followed the U.S. down last night.
XJO -0.75%.
XJO is now in a short-term down trend. The next support level is at 7100 - the Base Line of the Ichimoku System.
The worst performing sector today was Energy (XEJ) down -2.73%. There's not any indication yet that Energy is bottoming, but it is not far away.
Financials (XXJ) were down heavily today, -1%. Again there is no sign yet that it is bottoming, but is not too far away.
This will turn around soon.
Stay Safe.
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