Thursday, July 21, 2022

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

 22/7/22.  U.S. equities rise for third day.


Dow Jones +0.51%.  SP500 +0.99%.  Nasdaq +1.36%.  Small Caps +0.28%.  Banks +0.63%.

SP500.


The short-term trend remains up.  The chart has moved into the Kumo Cloud, which usually means it will go to the upper side of the Cloud before hitting resistance, that's about 4140, or around 3%.

Commodities.


Commodities Index -1.68%.  Energy stepped down -2.21%.  Base Metals +0.22%.  Gold +1.41%.

Iron ore -0.7%.  Thermal Coal -1.3%.

Those metal and energy prices could put a cap on ASX resource stocks today.

ASX set to open flat.

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