Tuesday, January 31, 2023

Finspiration Australia

 1/2/23.  Finspiration Evening Report.

XJO up +0.33% today after being up much higher early in the day.


Today's action could be a failed breakout.  Early trading took the Index above the high of Tuesday's action then fell back below that high.

Below is a three-day chart which clearly shows the failed break-out.




We need to see continued selling on Thursday to confirm the failed break-out.

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