American Eagle Tuesday, page-2

XJO up today +0.5%.

Below is a Heiken-Ashi chart of STW, tracking ETF for the XJO:



The stock is in a strong short-term uptrend.  Stay with the trend.

Most Sectors were up today (nine out of 11).  The big banks carried the Financials to one of the best performances today (XXJ up +1%).

Consumer Staples (XSJ( was worst, down -1%.  You might remeber recently Wesfarmers lost ground because of fears about Amazon, but Woolworths was resilient.  Well, today it was catch-up time for Woolworths -3.5%.  Apparently, the market finally realised that both the big retailers had something to fear from Amazon.

Here's a bar chart showing the performances of the major indices and sectors.



Currently, in overseas trading, Germany is following the lead from Australia and is up >1%.

RB