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

 3/8/22.  Overnight:  U.S. stocks finish lower.

Dow Jones -1.23%.  SP500 -0.67%.  Nasdaq -0.16%.  Small Caps -0.84%.  Banks -1.4%.

SP500.

SP500 remains in an up-trend but stalling opposite the congestion zone back in May this year.

Wait.

Commodities.

Commodities Index -0.51%.  Energy +0.12%.  Base Metals -1.79%.  Agriculture -1.4%.  Gold -0.59%.

Gold shows a bearish engulfing candle.  Its upside move appears to have petered out.

None of the above is positive for the Oz market today and, after 20 minutes of trading, XJO is down -0.8%.