7/3/23. Finspiration Tuesday Morning Report.
A big day for Australian markets and home-owners today with the RBA interest rate decision scheduled for 2.30 p.m.
Overnight in America - mixed results after intra-day selling. Commodities down
Dow Jones +0.12%. SP500 +0.07%. Nasdaq -0.11%. Small Caps down heavily -2.26%. Banks -0.41%.
SP500.
SP500 saw intra-day selling as it hit the Base Line of the Ichimoku system and the 20-Day Ma. The next move either up or down could indicate the direction for the next few days.
Commodities.
Commodities Index -0.49%. Energy -0.49%. Base Metals -0.15%. Agriculture -0.34%. Gold -0.5%.
After nearly two hours of trading this morning, XJO is down a little -0.15%. Waiting on the RBA.
Bitcoin.
Overnight, Bitcoin was up +0.73%. It remains in a short-term down trend - looking to target the 50-Day MA and horizontal support.
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