31/5/23. Australian market fell heavily today.

 XJO down -1.64%.

The chart is bearish.  

After such a poor day, coming at the low end of a down trend, we might get some relief to the upside.

After a weak lead from overseas Australia was also hit today with poor economic news out of China.  That hit our big niners very hard.  BHP -3.38%, Rio -2.1% and FMG -3.03%.

Japan =1.41% and Hong Kong -1.94%.

Europe is down modestly in early trading - STOXX600 down -0.22%.

America is still held spell bound by the Debt Ceiling dealings. U.S. Futures are down a little,

Dow Futs -0.18%.  SP Futs -0.21%.  Nas Futs -0.24%.