Waffle Iron Friday, page-2

We’re coming into the last days of this financial year.

Today the XJO was up modestly +0.31% despite negative leads overnight particularly in Miners:



It’s a modest little candle today – but it does show intra-day buying.

Here’s the XMM (Mining) Index:



XMM was up today +1.2% but remains in a sideways trend.

XEJ +1.83% performed well today.  It continues to be my preferred vehicle for trading:



XXJ (Financials) was strong today +0.83%.



It continues to consolidate below the 200-Day EMA but above horizontal support.  A break either way will be important.

Looking into my crystal ball, expect tomorrow to have some fireworks on the last day of the financial year.  We might have had a precursor today with an advance in the XJO despite adverse results in the overnight markets.