Finspiration Australia.

 7/4/23.  Friday Inspiration Report.

Yesterday in Australia, XJO had a modest fall.

XJO down -0.25%.

The index is hovering around horizontal minor resistance at 7226.  That's also at the 50% retracement of the fall from 6 Feb. to 21 Mar.  That could signal the start of a pull-back.

For now, the chart remains bullish.  Indicators  (RSI and Stochastic) have turned down but not yet signalling a "sell".

If we do get a pullback, a significant horizontal support lies at 7150.  XJO is currently at 7219.

Overnight in the U.S.

Dow Jones flat +0.01%.  SP500 +0.36%.  Nasdaq +0.76%.  Small Caps flat +0.02%.  Banks +1.05%.

SP500.

SP500 has bounced up off horizontal support at 4000 (round figures).  That suggests that the current pull-back is over.  Look now for a test of major resistance at 4177, that's the high from 2 Feb.

Commodities.

Commodities Index -0.29%.  Energy -0.61%.  Base Metals +0.15%.  Agriculture +0.98%.  Gold -0.71%.

The double doji on Base Metals suggests that the current pull-back may be over.

U.S. has another session of trading before our market re-opens on Tuesday.

Bitcoin.

Bitcoin was down -0.49% overnight.  It remains in a long sideways consolidation.  Support and resistance are clearly indicated on the chart.  Wait to see which way this breaks.