Monday, June 19, 2023

19/6/23. Monday Evening Finspiration Report.

 Another good day on the XJO - the sixth day in a row.

XJO is in a strong up-trend.

Some storm clouds are gathering.  Short Term RSI2 became even more over-bought at 99.18.

Today saw switching into Defensives with Defensive Sectors doing best today.  Staples +1.61%.  Health +1.9%.  Utilities +1.16%.

NewHighs-NewLows still haven't given a "buy" signal.


XJO can still go higher - anything can happen, but it is now starting to look a bit long in the tooth.



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