Finspiration Australia.

 13/5/23.  Saturday Morning Finspiration Report.

Australia was flat on Friday, in the U.S. major indices down a little.

XJO

XJO was up just +0.07% on Friday - the fourth day of little movement in the indices.

The Supertrend Lines (two yellow and one blue) indicate a non-trending market.

Daunt DZ Stochastic is bullish, but Daily RSI remains below its 20-Day MA.  Again this is typical of a non-trending market.

A move in the Supertrends to all yellow and a move by the RSI above its 20-Day MA would be bullish.

Time to be patient.

Overnight in the U.S.

Dow Jones -0.03%.  SP500 -0.16%.  Nasdaq -0.35%.  Mid Caps -0.02%.  Small Caps -0.29%.  Banks -0.79%.

Not much happening in the U.S. where the regional banks are still cause for some concern.

SP500.

The SP500, like the XJO, shows a non-trending market.

Wait.

Commodities.

The Commodities don't hold much joy for Australian stocks, although Base Metals seems to be stabilising after Thursday's big drop.

Commodities Index -0.79%.  Energy -1.6%.  Base Metals +0.66%.  Agriculture +0.24%.  Gold -0.17%.

It looks like more of nothing much for our market on Monday.