XJO 0.35% 8,266.2 s&p/asx 200

21/3/23. Tuesday Evening ReportXJO up strongly today but lost...

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    21/3/23. Tuesday Evening Report


    Screenshot%202023-03-21%20at%206.40.22%20pm.png

    XJO up strongly today but lost momentum in afternoon trading, +0.82%.


    It remains at the low end of a long down-trend.

    Screenshot%202023-03-21%20at%205.41.39%20pm.png

    The relative performance of Stocks V Bonds remains in a steep down-trend.

    I've put two Moving Averages on the chart, a 5-Day MA and a 21-Day MA. Until the 5DMA gets back above the 21DMA - its best to be very cautious about the Ozzie Market.

 
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