Tuesday, May 9, 2023

Finspiration Australia.

9/5/23.  Tuesday Evening Finspiration Report. 

XJO down marginally today -0.17%.

Below is an equivolume chart for STW, a tracking ETF for the XJO.


STW finished above its 8-Day EMA and the Supertrend remains bullish.

DZ Stochastic and DZ RSI have crossed above their signal line.

The picture looks bullish.

Volume has been light - which puts some date on the strength of this upside move.

We are, however, in a short-term upside rally - so stay with the trend.


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