2/5/23. Tuesday Morning Finspiration Report.
U.S. - Little movement - waiting on the Fed.
Dow Jones -0.14%. SP500 -0.04%. Nasdaq -0.11%. Mid Caps -0.01%. Small Caps -0.09%. Banks -1.79%.
SP500.
The tombstone doji candlestick coming at resistance usually means "bearish". This looks set up for a pull-back after the Fed's announcement. That's not necessarily the case. We might have a surprise - but the probabilities now lie to the downside.
Commodities.
Commodities Index -0.95%. Energy -0.84%. Base Metals strong +0.94% but pulling back from the 20-Day MA. Agriculture -1.05%. Gold -0.45%.
Sydney Futures were flat. After 10 minutes of trading this morning, XJO down -0.25%.
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