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

 12/1/2023.  Finspiration Thursday Evening Report.

Another strong day on the Australian stock market.

XJO up +1.18%.  All eleven sectors were up.  The worst was Utilities +0.2%.  

Financials +1.5%, Materials +1.4%.  Materials +1.2%.

In a surprise move today, Australian VIX went up today from 13.05 to 13.32.  VIX usually moves inversely to the XJO.  Options traders tend to be savvy, so we might see a down day tomorrow on the ASX.

The trend in the XJO is, however, up - stay with the trend until it ends.