Finspiration Australia. Chart Analysis for Australian and International Stock Markets

4/8/22.  Overnight, U.S. major indices post good rises, led by Technology.

  

Dow Jones +1.29%.  SP500 +1.56%.  Nasdaq +2.59%.  Small Caps +0.91%.  Banks +1/72%.

SP500.

SP500 remains in short-term and medium-term trends while the long-term trend remains in doubt while SPX remains below the 200 Day MA.

Negative divergences on indicators suggest the next move will be to the down-side.

Commodities.

Commodities Index -0.86% was pulled down by weak Energy -1.6%.  Base Metals -0.31%.  Agriculture +0.41%.  Gold +0.24%.

The start of ASX trading has followed the U.S. higher.  XJO up +0.4%.