Wednesday, April 12, 2023

Finspiration Australia

 13/4/23.  Thursday Morning Finspiration Report.

U.S. weakens overnight despite favourable inflation numbers for interest rates.


Dow Jones -0.11%.  SP500 -0.41%.  Nasdaq -0.85%.  Mid Caps -0.5%.  Small Caps -0.78%.  Banks -0.77%.

SP500.


Last night's candle is a bearish engulfing candle, but the Index remains within the confines of its sideways consolidation.  No real damage done yet.  

RSI and DZ Stock are turned down but still haven't given any "sell" signals.  Wait to see how this breaks from its consolidation.

Commodities.


Commodities Index +0.78%.  Energy +1.42%.  Base Metals +0.72%.  Agriculture _0.34%.  Gold +0.49%.

Resources stocks might save Australia from much damage today.

After an hour of trading this morning, XJO is down just -0.07%.

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Finspiration Australia. 14/11/23. Tues. Morning Report.

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