Friday, July 15, 2022

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

 16/7/22.  U.S. stocks up strongly overnight.




Dow Jones +2.15%.  SP500 +1.92%.  Nasdaq +1.79%.  Small Caps +2.1%.  Banks +5.76% (Whooska).

SP500.


 Despite the big rise overnight, the SP500 remains in its sideways consolidation.  Wait for a break-out above the upper level, in round figures, 3900.

Commodities.



Commodities also did well last night.

Commodities Index 1.29%.  Energy +1.49%.  Base Metals +1.08%.  Agriculture +0.67%.  Gold was the odd one out, it ended flat -0.02%.

That's all looking good for Australia on Monday.


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