24/8/23. Thursday Morning Finspiration Report.

 U.S. markets up, Nasdaq strong.  Gold surges.

 Dow Jones +0.54%.  SP500 +1.1%.  Nasdaq +1.59%.  Small Caps +1.07%.  Banks +1.14%.

SP500

 

SP500 remains in the "no trade" zone - the Kumo Cloud.  The top of the Kumo may cause resistance.  Then the SPX is faced with the 50-Day MA.

Indicators are generally positive.

The short-term trend is up.  Stay with that until otherwise indicated.

Commodities.

Commodities Indes +0.21%, but Energy was down -1.1%.  DBE appears to have formed a small head/n/Shoulders top - so more downside is expected.

Base Metals +0.77%.  Agriculture +1.04%.  Gold gapped up and finished +1.02%.

ASX opened 10 minutes ago and is up +0.4%.