Well - it could have been worse, i.e., the inflation numbers today. But they were bad enough, and blew up a promising start to the Ozzie market this morning. XJO finished flat -0.04%.
The long upper and lower wicks on the small bodied candlestick today gives some idea of the violent jerking around suffered by the market today.
Yesterday's candle was an inside day (range inside the range of the previous day). Today's candle remained within the range of Monday. So nothing much has changed. Look for a break of today's high or low for some idea of future direction.
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