2/2/2023. Finspiration Thursday Morning Report.
SP500.
More upside after recent test of support. Stay with the trend.
Commodities.
Commodities Index-1.89%. Energy -3.4%. Base Metals -0.73%. Agriculture -0.69%. Gold +1.26%.
XJO, after 90 mins of trading, is up +0.4%
Bitcoin.
Bitcoin was up >3% last night. It moved back above the 200-DMA 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 the recent high for a break-out of the consolidation zone.
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