XJO down moderately today -0.43%. That didn’t do anything to affect the trend. The short-term trend remains sideways.
The dominant sectors in the Australian market XMM and XXJ were both down today.
XMM:
Miners remain in a listless sideways trend. Today they were down -0.91%.
XXJ:
XXJ down moderately today -0.43%. Most importantly, it is holding above the 200-Day EMA.
On any day we have winners and losers. The big winners today were Telecoms +1.32% and Consumer Staples +0.65%.
XSJ:
XSJ remains in a sideways trend.
XTJ:
XTJ up +1.32%. That’s an impressive figure but the index remains below the 50-Day EMA which has stymied rallies in the past. So we won’t get too excited about that result.
So … where does that leave the punters? We’re still in no-man’s land waiting for an indication one way or the other.
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XJO down moderately today -0.43%. That didn’t do anything to...
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Last
8,013.4 |
Change
31.000(0.39%) |
Mkt cap ! n/a |
Open | High | Low |
7,982.4 | 8,030.3 | 7,982.4 |
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XJO (ASX) Chart |