Monday, May 22, 2023

Finspiration Australia.

 23/5/23.  Tuesday Morning Finspiration Report

Overnight.  Mixed results in the U.S., Down Down, Nasdaq Up.


Dow Jones -0.42%.  SP500 +0.02%.  Nasdaq +0.5%.  Mid Caps +0.52%.  Small Caps +0.74%.  Banks +1.75%.

SP500.


 All indicators on this chart remain bullish - but the upsloping wedge suggests a move to the downside.

Ambiguous.

Commodities.

Commodities Index flat +0.09%.  Energy flat -0.05%.  Base Metals down -1.3%.  Agriculture flat -0.1%. Gold down a little -0.23%.

After 20 minutes of trading this morning, XJO is up +0.3%.  Energy is leading the way, up +1.2%.

XJO remains in its sideways consolidation.

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