Tuesday, May 16, 2023

Finspiration Australia.


17/5/23.  Wednesday Morning Finspiration Report.

U.S. falls overnight.  ASX to follow today.


Dow Jones -1.01%.  SP500 -0.64%.  Nasdaq -0.18%.  Mid Caps -1.43%.  Small Caps -1.28%.  Banks -1.45%,

Dow Jones fell below short-term support and below the 50-Day MA.

SP500


SP500 remains in its sideways consolidation.  

America appears to be waiting on a solution to the Debt Ceiling negotiations.

Commodities.


Commodities Index -1.09%.  Energy -0.77%.  Base Metals -1.35%.  Agriculture -0.71%.  Gold -1.25%.

Overnight action in Equities and Commodities is a negative for the Australian market today.

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