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

 29/7/22.  U.S. Equities rise to seven week highs.

Dow Jones +1.03%.  SP500 +1.21%.  Nasdaq +1.08%.  Small Caps +1.27%.  Banks -0.3%.

Apple and Amazon both reported after the market closed.  Both beat expectations and U.S. Futures have risen.

SP500.

All the gaps-down that occurred in the June fall have now been closed.

SP500 chart is now opposite a congestion zone and at the top of the Kumo Cloud.

Expect some consolidation here.

Commodities.

Commodities Index +0.08%.  Energy -0.93%.  Base Metals +2.24%.  Agriculture +0.95%.  Gold +1.22%.

Gold has completed a bullish cup-with-handle formation, that could produce a rally in Ozzie Gold Stocks which have been under pressure in recent times.

Iron Ore +1%.  Thermal Coal flat.

Oz Futures are well up +0.8% which should ensure a strong start to today's trading.