Finspiration Australia.

  3/3/23.  Finspiration Friday Morning Report.

Overnight in the U.S., Stocks lift after soothing words from Fed. hawk.

Dow Jones +1.05%.  SP500 +0.76%.  Nasdaq +0.73%.  Small Caps +0.28%.  Banks -1.78%.

The three candle pattern on the Dow Jones is a bullish pattern

SP500.

Last night's candle is a bullish engulfing candle, coming off the 200-Day MA adds importance to last night's rise.  That's promising but I'd like to see confirmation by the SP500 crossing above the 8-Day EMA.

Commodities missed the boat last night.

Commodities Index -0.37%.  Energy +0.18%.  Base Metals -2.3%.  Agriculture -0.59%.  Gold -0.06%.

Iron Ore +0.2%.  That rise in the IO price should blunt the impact on our big miners by the fall in Base Metals.

Bitcoin.

Bitcoin down -0.8% overnight.  The crypto is in a sideways consolidation now in the "neutral" zone and oscillating around the 20-Day MA which is basically flat.

The 50-Day MA has crossed above the 200-Day MA which would complete a "Golden Cross", a bullish event.