Monday, March 20, 2023

Inspiration Australia.

21/3/23.  Tuesday Morning Finspiration Report.

A better night on International Markets.


 Dow Jones +1.2%.  SP500 +0.89%.  Nasdaq +0.39%.  Small Caps +1.33%.  Banks +0.76%.

Positive Divergences on MACD Histograms for the three major indices:  Dow Jones, SP500, Nasdaq.

SP500.


SP500 remains in a downtrend as shown by the Andrew's Pitchfork.  This remains a "sell the rallies" market.

Commodities.


Commodities Index +0.4%.  Energy +0.8%.  Base Metals +0.4%.  Agriculture flat -0.05%.  Gold flat +0.04%

Iron Ore +0.85%.  BHP in New York +2.01%.  Rio +2.77%.  That's looking good for our big miners today, but much more needs to be done to reverse their current down-trends.

Bitcoin.

BTCUSD was up strongly again last night, +4.69%.  This is a strong up-trend.  Trends continue - until they don't.



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