13/6/23. Tuesday Morning Finspiration Report.

 U.S. major indices continue up-trend.  Commodities fall.

Dow Jones +0.56%.  SP500 +0.93%.  Nasdaq +1.53%.  Mid Caps +0.5%.  Small Caps +0.22%.  Banks -1%.

SP500.

SP500 continues in a strong up trend.  It is now verging on overbought with an RSI at 69.6.

CCI is showing a moderate negative divergence, so we can look for a pull-back in the near future.

Any pullback is likely to be bought.

Commodities.

Commodities Index -1.37%.  Energy -3.08%.  Base Metals -0.88%.  Agriculture +0.24%.  Gold flat -0.09%.

Australia is flat after 90 minutes of trading.  Those poor commodity figures are having an impact on the market.   Energy (XEJ) is down >1% and Materials (XMJ) down -0.8%.  Info Tech (XIJ) is returning to favour, up +2.73%.