25/1/23.  Finspiration Wednesday Evening Report.

XJO finished down modestly -0.3% today. 

 XJO has fallen out of overbought territory (RSI >70) after three days above 70.

It's too early to say that this is the start of a pull-back, but it could be.  XJO remains above the 8-Day EMA and Supertrend (7/1.5).  A break to the downs by those two would signal a short-term pull-back.

Sectors were down today and four up. Discretionary +0.4%and Financials +0.3% were the best performers.  Info.Tech and Energy were the worst, both down -1.2%.

Australian market is closed tomorrow for a public holiday.

Stay Safe.