11/5/23. Thursday Morning Finspiration Report.
U.S. Inflation lower than expected. Mixed results in Indices. Tech up.
Dow Jones -0.09%. SP500 +0.45%. Nasdaq +1.04%. Mid Caps +0.17%. Small Caps +0.39%. Banks -1.26%.
SP500.
Long lower wick on today's candle is indicative of the intra-day buying that occurred in the SP500.
That took the index above its 20-Day MA, but the Index is still range bound.
I'd like to see the 8-DEMA above the 20-DMA.
Commodities.
Critical time for Base Metals as it tests support.
After 50 minutes of trading this morning, XJO has seen little movement, down just =2.4 points or -0.06%.
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