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

 27/9/22.  Overnight in America.  Stocks fall again in America.

Dow Jones -1.11%.  SP500 -1.03%.  Nasdaq -0.6%.  Small Caps -1.52%.  Banks -1.83%.

SP500.

SP500 is now down for the fifth day in a row.  On the RSI it is extremely oversold at 27.2 and right at horizontal support of the June lows.

I'd expect the Index to bounce here.

Commodities.

Commodities continue to suffer along with stocks.  Commodities Index -2.33%.  Energy -2.73%.  Base Metals -2.31%.  Agriculture -1.63%.  Gold -1.15%.

Iron Ore +0.1%.

Despite poor overnight leads for stocks and commodities, the Australian market has opened higher.  After 25 minutes of trading, XJO is up +0.45%.  Materials and Energy have rebounded from yesterday's steep sell-off.