14/4/23. Friday Morning Finspiration Report.
U.S. records another solid upside move.
Dow Jones +1.14%. SP500 +1.33%. Nasdaq +1.99%. Mid Caps +0.69%. Small Caps +0.84%. Banks +0.73%.
SP500.
The SP500 remains in a strong upside rally, but the negative divergence on CCI suggests it may be on its last legs.
SP500 had a good run, but it might be too late to start buying into this rally now. I'll be waiting on a pull-back.
Commodities.
Commodities Index +0.00%. Energy -0.74%. Base Metals +1.84%. Agriculture -0.48%. Gold +1.35&.After 30 minutes of trading this morning, XJO is down marginally -.03%, it's never a good sign when the Oz market starts weak after a strong night on Wall Street.
Bitcoin.
Bitcoin continues on its merry (bullish) way, up last night +1.68%. It has successfully tested major horizontal support/resistance. I'd expect more upside.
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