5/1/2023. Finspiration Report, Thursday Evening.

XJO finished flat today, +0.06% after yesterday's big rise, up +1.63%

XJO Daily Chart.

Today's action was stopped by the resistance of the 20-Day MA and the restraining line of the down-trending channel.  Not a great sign.  

A move by Stochastic RSI above its mid-line could be a "buy" signal.

The best performing sector today was Discretionary (XDJ) following on from recent relatively good performance.

There is still no sign, however, that this is in a bullish trend.

XJO One-Day Chart.

XJO opened up higher today, but quickly fell away and basically drifted sideways till the end of trading.  

Hong Kong up +1.25% today after its big rise yesterday, +4%.  

European stocks have opened lower, with STOXX600 down -0.25%.  Dow Futures -0.24%, following Europe to the down-side.