Thursday, May 19, 2022

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

20/5/22.  Overnight.


 Dow Jones -0.75%.  SP500 -0.58%.  Nasdaq -0.26%.  Small Caps -0.49%.  Banks -0.45%.

SP500.


SP500's candle last night was a doji spinning candle, so it could be sketching out a double bottom.  It still has a lot of work to do to confirm that, but it does look promising.

Commodities.


Commodities Index+1.27%.  Energy +1.13%.  Base Metals +3.54%.  Agriculture -0.04%.  Gold +1.47%.

Iron Ore +0.9%.  Thermal Coal flat 0.0%.

After 20 minutes of trading this morning, XJO is up 0.6%.  So it looks like a strong day today going against the trend set by America last night.

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