Wednesday, July 19, 2023

20/7/23. Thursday Morning Finspiration Report

 Dow Jones up again - eight days in a row.


Dow Jones +0.31%.  SP500 +0.24%.  Nasdaq +0.03%.  Mid Caps +0.36%.  Small Caps +0.59%.  Another big day for the Banks +2.62%.

Intra-day selling is evident in today's candle for the Dow, so bears are becoming active in the market.

SP500.

 

SP500 remains in a strong up-trend.  

RSI is at 75 which is a bit too stretched to the upside.  Of course, it can go higher.

Plenty of support lies nearby - so any pull-back is likely to be bought.

Commodities.


 
Commodities Index +0.55%.  Energy +0.08%.  Base Metals -0.49%.  Agriculture +1.2%.  Gold +0.02%.

XJO this morning, at 10.45, is up strongly, +0.73%.

 

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