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All Ordinaries Index
Short

Sector Indices vs ASX All Ords show earlier Aug deterioration

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Sector Indices vs ASX All Ordinaries Index show earlier deterioration of the market throughout August (whereas XJO only starts to deteriorate from Aug 28): in the largest 20 companies of the XTL index, in Communications XTJ, Resources XJR, Materials XMJ, Financials XXJ, Consumer Staples XSJ, Utilities XUJ. See next "Idea" for the sectors that prevented the XJO from slumping early.
dartde
ASXaustraliaBearish PatternslargecapssectorsTrend Analysis

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ASXaustraliaBearish PatternslargecapssectorsTrend Analysis
dartde

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.