Monday, May 1, 2023

Finspiration Australia.

 1.5.23.  Monday Evening Finspiration Report.


ASX up modestly today after being well up early in the session.  XJO +0.35%.

XJO remains above its 8-Day EMA which is a positive, but remains under key horizontal resistance and triple bearish Supertrend lines.

eight out of eleven sectors were up.  Best Sector was Utilities +1.3%, followed by Energy +1%, Health +0.9% and Financials 0.8%.  Worst was Info Tech -1.4%, followed by Materials. -0.4%

Not much happening overseas. Europe shut for May Day and pre-market futures in America are also flat.


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