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

 15/9/22.  Overnight in America, choppy trading with modest gains in major indices.

Dow Jones +0.1%.  SP500 +0.34%.  Nasdaq +0.74%.  Small Caps -0.02%.  Banks -0.5%.

SP500.

SP500 is consolidating at the lows of yesterday's plunge.  It is finding support at horizontal support and the lower edge of the Kumo Cloud.  We could see more consolidation around this level.

Short term, SPX is bearish with the Supertrend Line switching over to blue.

Commodities.

Commodities Index +0.43%.  Energy +0.52%.  Base Metals -0.31%.  Agriculture -0.63%.  Gold -0.38%.

Iron Ore -1.6%.  Thermal Coal +1.1%.

After twenty minutes of trading on the ASX, the XJO is up +0.3%.

BITCOIN

Bitcoin remains bearish and will remain so while it is below the Kumo Cloud.

It is in a long term sideways consolidation - unusual for this Crypto-currency,