27/3/23.  Monday Evening Finspiration Report.

XJO had a narrow range day and finished flat.

XJO up just +0.1%.  That's the second narrow range day in a row and the second doji candle-stick in a row.  Lots of indecision.

The Index is consolidating at the low end of the down-trend.  Wait.

The Ratio Chart of Composite Bonds to XJO continues to favour Bonds.

Until the 5-Day MA gets above the 21-Day MA (at the very least) its best to maintain a defensive stance.

Stay Safe