1/4/23.  Saturday Finspiration Report.

XJO up 0.78% yesterday.

The oz market is in a strong up-trend - but not as strong as the U.S.

MACD has turned positive with RSI above 50.  That should mean further upside.  Any pull-backs are likely to be bought.

U.S. stocks up Friday night.   

Dow Jones +1.26%.  SP500 +1.44%.  Nasdaq +1.74%.  Small Caps1.94%.  Banks +0.88%.

SP500.

I have t wonder how much of last night's rise was due to funds doing "window-dressing" to improve their performance bonuses?

Whatever.  SP500 has clearly formed an inverse head-n-shoulders pattern.  It is well above the Keltner Channel.  The mid-line of the KC is beginning to rise - bullish.

This is a strong upside trend - buy the dips.

Bullish Percent NYA 

Bullish Percent for the NY Stock Exchange on the Point and Figure Chart has switched from a descending row of Os to an ascending row of X's, i.e., the Index has switched from bearish to bullish.  This is a correction of the previous bear trend.

Commodities.

Commodities Index +0.94%.  Energy +1.7%.  Base Metals flat -0.1%.  Agriculture +0.59%.  Gold -0.52%.

Bitcoin.

Last night, Bitcoin +0.83%.  Stay with the up-trend.