Finspiration Australia. Chart Analysis for Australian and International Markets.

26/8/22.  In America, stocks rise ahead of Powell address at Jackson Hole.

U.S. markets showed no fear ahead of Powell's address at Jackson Hole.

Dow Jones +0.98%.  SP500 +1.41%.  Nasdaq +1.67%.  Small Caps +1.92%.  Banks +1.72%.

SP500.

 The short term trend remains between a rock and a hard place (Conversion Line and Base Line).

The medium term trend remains up, and the long term trend remains in doubt while SP500 stays under the 200-Day MA.

Commodities.

Commodities Index (-1.41%) was impacted by a big fall in Energy (-1.69%).  Base Metals +0.85%.  Agriculture -0.63%.  Gold +0.31%.