1/2/2023. Finspiration Wednesday Morning Report.
U.S. stocks push higher after Monday's sell-off.
SP500.
On Monday, SP500 fell back to the 8-DEMA and the old oblique resistance line. That has held as support which suggests more upside.
Commodities.
Commodities Index+1.72%. Energy +2.03%. Base Metals +1.2%. Agriculture +1.25%. Gold +0.36%.
XJO, after 60 mins of trading, is up +0.8%
Bitcoin.
Bitcoin was up 0.8% last night. It continues to lie within its consolidation zone and remains above the 8-Day EMA and Supertrend. Investor sentiment remains positive while it remains above those two indicators. Watch for a definite move above 200-DMA>




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