Wednesday, January 11, 2023

Inspiration Australia. Chart Analysis for Australian and International Stock Charts + Bitcoin.

 12/1/23.  Finspiration Thursday morning Report.

In the U.S., stocks continued their New Year surge higher.


Dow Jones +0.8%.  SP500 +1.29%.  Nasdaq +1.76%.  Small Caps +1.11%.  Banks +0.88%.

SP500.


SP500 has poked above the Kumo Cloud.  RSI and MACD Histogram are both above their mid-lines.  Those are bullish signals.

Commodities.


Commodities Index +1.8%.  Energy +2.72%.  Base Metals +1.4%.  Agriculture -0.26%.  Gold -0.07%.

DBB (Base Metals) is overbought and due for a pull back.

ASX is up strongly this morning at 11.30. a.m. XJO is up +1.1%.

Bitcoin.


Bitcoin has formed a "sauce-pan" bottom and kicked up from there.  It is looking bullish.

Last night, up it was up +0.51% and kicked on again today.  

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Finspiration Australia. 14/11/23. Tues. Morning Report.

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