Monday, February 28, 2022

Finspiration Australia. Mixed results in U.S. after last 30 min. surge in prices.

 Overnight:

Dow Jones -0.49%.  SP500 -0.24%.  Nasdaq +0.41%.  Small Caps +0.41%.  Banks -1.31%.

SP500.

Despite the small drop last night, the short-term up-trend remains in place.  The index still has plenty of overhead resistance, but the Supertrend (7,1.5) has turned bullish - that's a good short-term signal.

Commodities.

Commodities Index +1.7%.  Energy +1.13%.  Base Metals +0.87%.  Gold +1.04%.

After ninety minutes of trading this morning, XJO is play ing catch-up with the U.S. from last Friday.  XJO now up about +1.3%.


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Finspiration Australia. 14/11/23. Tues. Morning Report.

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