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

 9/1/2023.  Finspiration Evening Report

XJO up moderately today +0.59%.

XJO has been up four days in a row and some intra-day selling occurred during the day.  So it might be ready for a rest.  VIX was also up today - which is unusual.  VIX usually trades inversely to XJO.

The chart is looking bullish.  It finished the day above the Kumo Cloud - that's a bullish indication.  RSI finished above 50 - another bullish indication.  It would be better if MACD Histogram was above zero.

So we might be in for a rest for a couple of days, but the trend is up.

I'll be out of the office for a couple of days.  Next up-date on Wednesday Evening.