28/3/23. Tuesday Morning Finspiration Report.
Mixed results overnight in the U.S. Dow out-performs. Oil surged higher.
Dow Jones +0.6%. SP500 +0.16%. Nasdaq -0.47%, Small Caps +1.02%. Regional Banks +0.87%.
Eight out of eleven U.S. sectors were up, but the Nasdaq was weighed down by falls in Information Technology -0.85%. Unlike Australia, IT is a heavy-weight in the U.S. market.
SP500.
SP500 remains mildly bullish finishing above the 20-Day MA and Supertrend. Hull MA13 remains heading to the upside. Stay with the trend.
Commodities.
Commodities Index +1.87%. Energy +3.36%. Base Metals +0.85%. Agriculture +0.95%. Gold -0.93%.
Gold lost some of its safe-haven gloss as regional banks rose.
Iron Ore -0.51%.
After nearly 30 minutes of trading, XJO is up nearly 1%.
Bitcoin.
Bitcoin was under some selling pressure last night falling just over -2%.
BTC still finished above the 8-Day MA and Supertrend. Hull MA13 has turned down reflecting the selling pressure.
The trend remains to the upside. Stay with the trend.
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