Finspiration Australia. Objective technical analysis of the Australian and International stock markets.

 14/4/22.  Overnight.

Dow Jones +1.01%.  SP500 +1.12%.  Nasdaq +2.03%.  Small Caps +1.66%.  Banks +0.15%.

Major indices moved higher after T-Note yields fell.

SP500.

Sp500 is oscillating around the 50-Day MA, but below the 200 Day Ma and remains in the Ichimoku Cloud.  The downtrend is still in play.  Wait.

Commodities.

Commodities Index +2.2%.  Energy +3.37%.  Base Metals +0.08%.  Gold +0.49%.

Iron Ore -1.4%.  Thermal coal continued to rise +0.9%.

Despite the fall in IO, RIO was up +1.8% in New York and BHP +1.43%.

Overnight Oz Futures up modestly +0.2%.  That's a disappointing gain after such good equities figures out of New York.

NY Advances-Declines Line.

NY A-D Line has broken its losing streak but remains below its 10-Day and 20-Day MAs.  It still has work to do to reclaim its bullish status.