Wednesday, June 14, 2023

14/6/23. Wednesday Evening Finspiration Report.

 XJO up modestly today.


Technically, nothing much has changed for the XJO.  It continues to consolidate at the low end of its down trend channel.

Today was a "spinner" - showing plenty of indecision with upper and lower wicks on today's candle.

Materials (XMJ) was the big winner today, +2.49%.  Biggest loser - Health (XHJ) -4.82% after CSL gave a very negative up-date to the market.  CSL -6.89%.

NewHighs-NewLows was positive today after six days of falls.  But only just, NH-NL=5.

Big night tonight with the Fed announcing interest rates.

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Finspiration Australia. 14/11/23. Tues. Morning Report.

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