XJO went to sleep today, down just -0.06%.
The current short-term up-trend remains bullish.
NH-NL Cumulative.
This chart is good at showing the major swings in the market. While the chart remains above its 10-Day MA, stay long. If the chart falls below its 10-Day MA, take profits.
Seven sectors were up today and four down. The best performer was XIJ (Information Technology) up +0.88%. The worst performers were XEJ (Energy) -0.81% and XMJ (Materials) -0.78%. XXJ (Financials) up +0.42%. For no reason I could see today, Medibank Private (MPL) exploded to the upside. +3.59%. Endeavour (EDV) for obvious reasons (clamp on Pokies in Vic.) fell heavily, -9.9%.
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