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

Overnight.

Major U.S. indices were flat overnight.

 Dow Jones -0.15%.  SP500 -0.13%.  Nasdaq -0.15%.  Small Caps -0.26%.  Banks -0.32%

SP500.

After Tuesday's big up move, Wednesday looks like a pause before the next move to the upside.

A break of Stochastic above 20 would be a short-term buy signal.

Commodities.

Commodities Index -1.78%.  Energy -2.03%.  Base Metals -0.99%.  Agriculture -1.21%.  Gold +0.4%

Iron Ore -1.5%.  Thermal Coal +0.5%.

Overnight Oz Futures +0.5%.

We might pull back some of yesterday's losses which now look like a move to pre-empt the overnight U.S. action.