27/10/22. Morning Report.
Dow Jones flat, Tech down after strong intra-day selling.
Dow Jones +0.01%. SP500 -0.74%. Nasdaq -2.04%. Small Caps +0.35%. Banks +0.41%.
META plunged -19% in after-market trading which doesn't augur well for the Nasdaq tonight.
SP500.
SP500 ran into resistance of the 50-Day MA. Expect a pull-back to the 20-Day MA or the Supertrend Line (7,1.5).
Commodities.
Commodities Index +1.87%. Energy +2.33%. Base Metals +3.37%. Agriculture -0.4%. Gold +0.64%.
Those good Energy and Metals prices should keep the ASX alive today.
After one hour of trading this morning, XJO up +0.46%.
Bitcoin.
Bitcoin rallied +2.3% overnight adding to the previous gains. This is looking good for further upside.
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