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

 9/6/22.  Overnight.  

Dow Jones -0.81%.  SP500 -1.09%.  Nasdaq -0.73%.  Small Caps -1.69%.  Banks -1.72%.

SP500.

SP500 remains in its sideways consolidation, now into its eighth day.  No way of knowing which way this will break, but the most likely direction is up.  Wait.

Commodities.

Commodities Index +0.89%.  Energy +1.27%.  Base Metals +0.39%.  Agriculture +0.32%.  Gold -0.09%.

The up-trend in Energy is getting a bit long in the tooth.  A negative divergence is beginning to show up on the CCI, so this up-trend is probably entering its final stages.

Iron Ore +0.1%.  Thermal Coal -0.4%.

Overnight Oz Futures -0.7%.  That seems like we'll see a resumption of the down-trend from Tuesday.