10/8/23. Thursday Morning Finspiration Report.

 Overnight:  Europe up, U.S. down. Oz Futures flat.

Dow Jones -0.54%.  SP500 -0.7%.  Nasdaq -1.17%.  Small Caps -0.7%.  Banks -1.67%.

SP500.

                      

SP500 is consolidating close to important horizontal support levels.  It has closed at a low volume node (see at left of the chart), so chances of a bounce here are high.  Watch for a strong upside move.

Commodities.

Commodities Index +0.7%.  Energy +1.37%.  Base Metals +0.22%.  Agriculture -0.19%.  Gold -0.48%.

 
After a strong finish in yesterday's XJO, I think the ASX will go higher today.