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

 20/7/22.  U.S. Stocks up strongly.

Dow Jones +2.43%.  SP500 +2.76%.  Nasdaq +3.11%.  Small Caps +3.5%.  Banks +2.83%.

SP500.

SP500 has broken out from its sideways consolidation.  That's a plus.

It's not out of the woods yet.  SPX faces resistance of the 50-DMA and then the KUMO Cloud.d

Let's take it one step at a time.  For now, SPX is heading up.

Commodities.

Commodities were mixed.

Commodities Index +0.39%.  Energy +1.4%.  Base Metals -0.93%.  Agriculture -0.6%.  Gold +0.24%.

After 15 minutes of trading, XJO is up strongly.  XJO +1.2%.