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

7/9/22.  Overnight American stocks sink again.

Dow Jones -0.55%.  SP500 -0.41%.  Nasdaq -0.74%.  Small Caps -1.37%.  Banks -0.9%.

US Bonds fell.  10Yr Treasury Yields, for example, rose to 3.34%.  (Yields higher, prices lower).

SP500.

SP500 is sitting at dual supports, horizontal support and the support provided by the lower edge of the Kumo Cloud.  It is oversold with RSI at 34.18, so there is a good chance of a rebound at this point.

Commodities.

Commodities Index -0.59%.  Energy -0.89%.  Base Metals +1.03%.  Agriculture +0.25%.  Gold -0.58%.

Iron Ore is down -0.9%.  Thermal Coal -1.6%.

Overnight Oz Futures down -0.6%.  That suggests the ASX will have another weak day today.