19/7/23. Wednesday Finspiration Report.

 ASX had another good day today.  XJO up +0.55%.

XJO continued its bullish rally today after two days of consolidation.

The index how has a higher high and a higher low - the definition of an up-trend.

XJO finished at 7323.7 today.  That's not far off a major horizontal resistance line at 7367.2.  That could cause the Index some difficulties.

Nine out of eleven sectors were up today, but one of the negative sectors was XMJ (Materials) down -0.56%.  That was more than balanced by the four big banks which were all up more than +1% today.

In early trading in Europe, UK FTSE is up +1.53% after inflation came in lower than expected.  Dow Futures are up +0.19%.

Let's see what tomorrow brings.