4/5/23. Thursday Evening Finspiration Report.
The ASX finished flat today after opening well down. XJO -0.06%.
Below is a chart for STW - tracking ETF for the XJO. I'm using an equivolume chart which shows graphically the amount of volume in each candle.
The chart remains bearish. Today's action takes the chart up to test the 200-Day MA as resistance.
If STW fails that test (i.e., drops down), then we will probably get much more selling.
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