ASXLeadership

ASX leadership | RS | mechanical trading | scenario maps | clean charts, no hype

Posts are not advice.

[ASXLeadership @ASXLeadership]

Focus is on ASX leadership, clean charts, and mechanical trading insights. No hype, no predictions — just structure

[ASXLeadership @ASXLeadership]

The past 5 trading days were seeing a rotation from Materials to Tech. MP1, BRN, SDR are taking the lead.

[ASXLeadership @ASXLeadership]

Unlike the US, the AU tech sector continues to trade near multi-year lows. There are some tech stocks leading the way, e.g. Weebit Nano (WBT).

[ASXLeadership @ASXLeadership]

The market continues in its trading range and under all key moving averages; not a healthy market.

[ASXLeadership @ASXLeadership]

What entries are most reliable right now - shallow, low volatility 2-5 day consolidation that breaks out cleanly with volume.

[ASXLeadership @ASXLeadership]

AU vs US market - US is surging, AU is lagging.

S&P 500 + 8.76% vs ASX 200 - 1.06% YTD.

US is driven by AI megacap earnings and record margins.

AU has little exposure to the global AI boom.

[ASXLeadership @ASXLeadership]

ASX200 / XJO still range bound. Drifting up this morning. Controlled but not powerfull.

[ASXLeadership @ASXLeadership]

#EQR has broken its downtrend with above average volume. An early entry?

[ASXLeadership @ASXLeadership]

#CRYP is in a controlled pullback, but below the short-term swing high and losing momentum.

[ASXLeadership @ASXLeadership]

#XJO has been range bound since July 2025.

[ASXLeadership @ASXLeadership]

Markets down for the 5th consecutive day. #XJO a break of 8,690 opens the path to 8,575-8,585.

[ASXLeadership @ASXLeadership]

Financial earnings season kicks off this Friday:
- 1 May, ANZ
- 4 May, NAB
- 5 May, WBC
- 8 May, MQC
- 13 May, CBA

[ASXLeadership @ASXLeadership]

Top Gainer today, Key Petroleum Limited, KEY.

+66.67% today
Huge range: 0.18 → 0.33
Massive volume spike: 963k shares, cf 66.8k
Wide‑range breakout candle
Closed well off the highs
Parabolic expansion, not a structured breakout.

[ASXLeadership @ASXLeadership]

Materials and Health Care sectors up today, everything else down.

[ASXLeadership @ASXLeadership]

XJO under key moving averages. Technicals say Sell.