30/6/23. Friday Morning Finspiration Report.

 Overnight in the U.S.  Dow Up.  Nasdaq flat.  Energy up.  Base Metals down.

Dow Jones +0.8%.  SP500 +0.45%.  Nasdaq -0.00%.  Mid Caps +1.19%.  Small Caps +1.65%.  Banks +1.82%.

SP500.

SP500 is in a short-term up trend.  

With one Supertrend yellow and two blue - doubts remain about the longer term trend.  Watch for a new higher high to confirm the longer term up trend.

Commodities. 

Commodities Index flat +0.04%.  Energy +0.8%.  Base Metals -0.65%.  Agriculture -0.57%.  Gold -0.11%.  Gold is very oversold but showed intra-day buying today.  That suggests that the longterm downtrend may be ending.  Continue to watch.

After 50 minutes of trading this morning, XJO is down -0.4%.  

ASX has a very large number of ETFs going ex-dividend today - that is having an impact on the broad market as well as the technical hurdles I mentioned last night.