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

Fri. 19/8/22.  Overnight in America, Equities trade in narrow ranges.

 Dow Jones +0.08%.  SP500 +0.22%.  Nasdaq +0.21%.  Small Caps +0.83%, Banks -0.01%

SP500.

SP500 continues to respect the 200-Day MA as resistance, but no real damage has been done so far to the existing trends.  Short and medium term trends remain to the upside, but the long term trend remains undecided while the SP500 sits  below the 200-Day MA.

Commodities.

Commodities Index +1.52%.  Energy +2.57%.  Base Metals flat -0.15%.  Agriculture -1.48%.  Gold -0.26%.

Iron Ore flat +0.1%.

Overnight Oz Futures suggest the XJO will start about 24 points or +0.4%.