Thursday, March 24, 2022

Finspiration Australia. U.S. market up again last night.

Overnight.


 Dow Jones +1.02%.  SP500 +1.43%.  Nasdaq +1.93%.  Small Caps +0.82%.  Banks +0.65%.

SP500.


SP500 is consolidating in the "Cloud", that's no-man's land.  A push higher would be bullish.  A push lower would be bearish.  Wait.

Commodities.


Commodities Index -0.99%.  Energy -1.18%.  Base Metals -2.64%.  Gold +0.73%.

That could be the end for this counter-trend rally in Energy.

Iron Ore. +0.1%.

After an hour of trading this morning, XJO is up about +0.3%.  Despite the fall in Base Metals and a flat Iron Ore price, XMJ (Materials) has been the best performing sector this morning, up about +0.9%.


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