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ASX
Index
fx
XMJ
ASX
S&P/ASX 200 MATERIALS
BUY
Close
22997
Prev.Close
22476
Change
+521.0000
Change%
+2.32%
BULLISH DESCENT BLOCK
Bought at
22740.6
Open
22476
High
23061
Low
22476
Close
22997
Gain%
+1.13%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
10/07
22741
BUY
+1.1%
129
07/07
23660
SHORT
-3.9%
✔
125
29/06
23754
BUY
-0.4%
❌
126
19/06
25488
SELL
-6.8%
✔
126
12/06
23884
BUY
+6.7%
✔
118
05/06
24957
SELL
-4.3%
✔
118
01/06
25199
BUY
-1.0%
❌
120
28/05
24625
SHORT
+2.3%
❌
123
21/05
23962
BUY
+2.8%
✔
120
15/05
24977
SELL
-4.1%
✔
121
06/05
23272
BUY
+7.3%
✔
113
24/04
23606
SELL
-1.4%
✔
113
25/03
20690
BUY
+14.1%
✔ 👍
99
20/03
20767
SHORT
-0.4%
✔
99
18/03
21915
BUY
-5.2%
❌
105
13/03
22455
SHORT
-2.4%
✔
103
11/03
22720
BUY
-1.2%
❌
104
04/03
24929
SELL
-8.9%
✔
105
19/02
23590
BUY
+5.7%
✔
99
16/02
23334
SELL
+1.1%
❌
99
10/02
23061
BUY
+1.2%
✔
99
06/02
22799
SELL
+1.2%
❌
99
04/02
22993
BUY
-0.8%
❌
100
02/02
23155
SHORT
-0.7%
✔
99
23/01
23212
BUY
-0.2%
❌
100
20/01
22714
SELL
+2.2%
❌
100
14/01
22553
BUY
+0.7%
✔
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
10/07
22741
BUY
+1.1%
234
07/07
23660
SHORT
-3.9%
✔
227
29/06
23754
BUY
-0.4%
❌
228
19/06
25488
SELL
-6.8%
✔
229
12/06
23884
BUY
+6.7%
✔
215
05/06
24957
SELL
-4.3%
✔
215
01/06
25199
BUY
-1.0%
❌
218
28/05
24625
SHORT
+2.3%
❌
224
21/05
23962
BUY
+2.8%
✔
219
15/05
24977
SELL
-4.1%
✔
219
06/05
23272
BUY
+7.3%
✔
205
24/04
23606
SELL
-1.4%
✔
205
25/03
20690
BUY
+14.1%
✔ 👍
180
20/03
20767
SHORT
-0.4%
✔
180
18/03
21915
BUY
-5.2%
❌
191
13/03
22455
SHORT
-2.4%
✔
187
11/03
22720
BUY
-1.2%
❌
190
04/03
24929
SELL
-8.9%
✔
190
19/02
23590
BUY
+5.7%
✔
181
16/02
23334
SELL
+1.1%
❌
181
10/02
23061
BUY
+1.2%
✔
179
06/02
22799
SELL
+1.2%
❌
180
04/02
22993
BUY
-0.8%
❌
181
02/02
23155
SHORT
-0.7%
✔
181
23/01
23212
BUY
-0.2%
❌
182
20/01
22714
SELL
+2.2%
❌
182
14/01
22553
BUY
+0.7%
✔
182
09/01
22013
SELL
+2.4%
❌
182
05/01
21330
BUY
+3.2%
✔
177
29/12
21330
SELL
0.0%
❌
177
18/12
20839
BUY
+2.4%
✔
173
16/12
20535
SELL
+1.5%
❌
174
11/12
20575
BUY
-0.2%
❌
174
09/12
20273
SELL
+1.5%
❌
175
20/11
19528
BUY
+3.8%
✔
169
17/11
19742
SELL
-1.1%
✔
169
10/11
19232
BUY
+2.6%
✔
165
03/11
19522
SHORT
-1.5%
✔
163
30/10
19585
BUY
-0.3%
❌
164
20/10
19897
SELL
-1.6%
✔
165
15/10
19756
BUY
+0.7%
✔
164
13/10
19236
SELL
+2.7%
❌
164
23/09
18096
BUY
+6.3%
✔
155
17/09
17693
SHORT
+2.3%
❌
159
12/09
17714
BUY
-0.1%
❌
160
03/09
17834
SELL
-0.7%
✔
160
25/08
17757
BUY
+0.4%
✔
160
20/08
17750
SELL
0.0%
❌
160
05/08
16740
BUY
+6.0%
✔
151
25/07
17279
SELL
-3.1%
✔
152
18/07
16596
BUY
+4.1%
✔
146
15/07
16621
SELL
-0.1%
✔
146
11/07
16353
BUY
+1.6%
✔
144
07/07
16306
SELL
+0.3%
❌
144
27/06
15770
BUY
+3.4%
✔
140
13/06
16402
SHORT
-3.9%
✔
135
04/06
16376
BUY
+0.2%
✔
136
15/05
16421
SELL
-0.3%
✔
136
06/05
16106
BUY
+2.0%
✔
133
01/05
15971
SELL
+0.8%
❌
134
10/04
15051
BUY
+6.1%
✔
126
02/04
16076
SHORT
-6.4%
✔
119
27/03
16466
BUY
-2.4%
❌
123
24/03
16436
SHORT
+0.2%
❌
123
17/03
16425
BUY
+0.1%
✔
124
25/02
16836
SHORT
-2.4%
✔
121
21/02
17153
BUY
-1.8%
❌
124
17/02
17147
SELL
0.0%
❌
124
13/02
17077
BUY
+0.4%
✔
124
10/02
16963
SELL
+0.7%
❌
124
31/01
16773
BUY
+1.1%
✔
123
23/01
16762
SELL
+0.1%
❌
123
09/01
16223
BUY
+3.3%
✔
120
09/12
16847
SELL
-3.7%
✔
120
28/11
16754
BUY
+0.6%
✔
119
26/11
16688
SHORT
+0.4%
❌
120
18/11
16605
BUY
+0.5%
✔
120
04/11
17318
SHORT
-4.1%
✔
116
28/10
17455
BUY
-0.8%
❌
117
18/10
17611
SHORT
-0.9%
✔
117
14/10
17665
BUY
-0.3%
❌
118
04/10
17817
SELL
-0.9%
✔
118
11/09
15676
BUY
+13.7%
✔ 👍
104
29/08
16419
SHORT
-4.5%
✔
100
27/08
16599
BUY
-1.1%
❌
101
23/08
16388
SELL
+1.3%
❌
102
20/08
16151
BUY
+1.5%
✔
100
05/08
16653
SHORT
-3.0%
✔
98
29/07
16820
BUY
-1.0%
❌
99
18/07
17243
SELL
-2.4%
✔
99
12/07
17296
BUY
-0.3%
❌
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
BUY
. The
BULLISH DESCENT BLOCK
pattern has finally received confirmation because the values crossed above the confirmation level at 22645, and our valid average buying value now stands at 22741. The previous
SHORT
signal was issued on 07/07/2026, 3 days ago, when the index value was 23660. Since then,
XMJ
has fallen by
-3.88%
.
Market Outlook
We may be at a market bottom or at the beginning of a reaction rally. The bulls have compelling evidence supporting their stance, prompting us to consider placing a bullish bet. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a
BUY
signal is generated. Now may be the opportune moment to join this upswing and capitalize on the bullish market sentiment. The market signals a potential for new profits. Don't let this opportunity slip through your fingers.
Pattern Description
This pattern consists of three consecutive black candlesticks, each closing lower than the previous one in a downtrend. It is the counterpart of the Bearish Advanced Block Pattern.
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