Monday, February 6, 2023

Finspiration Australia.

       8/2/2023.  Finspiration Wednesday Morning Report.

U.S. stocks up, Energy up, Base Metals up, Gold flat.

Dow Jones +0.78%.  SP500 +1.29%.  Nasdaq +1.9%.  Small Caps +0.69%.  Banks +1.27%.

SP500.


SP500 has bounced strongly off support of the 8-Day EMA..  Supertrend remains bullish.  The up-trend remains strong.  Stay with the trend.

Commodities.



Commodities Index +1.9%.  Energy +3.39%.  Base Metals +1.2%.  Agriculture +0.25%.  Gold +0.09%.

Overnight Oz Futures up +0.5%.  That should mean a good start to today's trading.

Bitcoin.



Bitcoin was up +1.24% overnight.

Bitcoin in USD continues to hang around its 200-Day MA in a sideways consolidation pattern.  Wait.


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