XJO - Technicals are saying a bearish move could be on the way

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S&P/ASX 200 Index (ASX:XJO)

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ASX:XJO S&P/ASX 200 Index

Chart Patterns Technical Indicators ASX asx200 S&P/ASX 200 aussie australia australianstocks

chartpattern indicator asx asx200 xjo aussie australia australianstocks

The XJO chart has a bearish rising wedge formation that is coming to a cross roads. Looks like a break to the downside is highly probable leading into the end of the 20/21 financial year.

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