Finspiration Australia. Chart Analysis for Australian and International Stock Markets.

 25/5/22.  Yesterday in Australia.

XJO was down -0.28%.  It remains in the Blue Band on the PRT Bands (bearish), oscillating around the Short-term Line and below the Medium-Term Line.  

The index remains in its wide trading range, so we'll probably see some more upside.

Overnight.  Mixed results in the U.S.

Dow Jones +0.15%.  SP500 -0.81%.  Nasdaq -2.35%.  Small Caps -1.11%.  Banks -0.52%.

Technology stocks were adversely affected by a drop of >40% in Snap which reverberated through other social media stocks.

SP500.

SP500 is at the low end of the bearish, blue PRT Band.  The positive divergence on the CCI keeps promising a move to the upside, but the Index has a lot of work to do before becoming bullish.

Commodities.

Commodities Index flat -0.07%.  Energy +0.25%.  Base Metals -0.91%.  Agriculture continues its down-trend -1.2%, but mind find support here.  Gold +0.75%.

Iron Ore -0.9%.  Thermal Coal -0.9%.

The XJO has opened up a little +0.2%.

BHP has opened down almost -10%; that's related to its merger with WPL.