15/2/23. Inspiration Tuesday Morning Report.
Overnight: US stocks mixed after CPI report.
Dow Jones -0.46%. SP500 -0.03%. Nasdaq +0.57%. Small Caps -0.35%. Banks -0.2%.
SP500.
Last night's doji candle-stick represents indecision. The closing price remains above the 8-Day EMA so the trend remains up.
The path of least resistance is to the upside, so SP500 will most likely move higher until major resistance is found.
Commodities.
Commodities Index +0.33%. Energy +0.69%. Base Metals +0.69%. Agriculture continues to fly higher, +0.79%. Gold +0.08%.
After nearly an hour so trading this morning, XJO is down about -0.6%.
Stocks featuring in Reporting Season Lottery today: CBA down -3.35%, Wesfarmers +2.69%, Cochlear +6.61%.
Bitcoin.
Last night, BTC up nicely +2.88%. It has paused at the 8-Day EMA - it needs to cross above that to prove its short-term bullish credentials.
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