Finspiration Australia.

 22/2/23.  Finspiration Wednesday Morning Report.

Overnight:  U.S. stocks down heavily.

Dow Jones -2.06%.  SP500 -2%.  Nasdaq -2.5%.  Small Caps -2.98%.  Banks -2.67%.

SP500.

SP500 is now down to a major support level.  After such a big down day, we may see a bounce here.  A lot of resistance lies over-head, so any rally is likely to be sold into.

New York Highs-Lows Cumulative remains bullish - above the 10-Day MA.  That's unlike the OZ NH-NL Cum which is now well below the 10-Day MA.  

Commodities.

Commodities Index +0.13%.  Energy -0.12%.  Base Metals +1.75%.  Agriculture +0.98%.  Gold -0.37%.

After 45 minutes of trading this morning, XJO is down -0.8%.  

WOW reported this morning and is up +1.01%,

Bitcoin.

Bitcoin was down -2.21% overnight but stabilised this morning.  It is consolidating at the top of its range.

Stay with the trend.