30/8/23. Wednesday Morning Finspiration Report.

 U.S. markets up strongly.  Gold up.  Commodities up modestly.

Dow Jones +0.85%.  SP500 +1.45%.  Nasdaq +1.74%.  Small Caps +1.33%.  Banks +1.36%.

SP500

 Last night's candle had a wide range that brought the Index up to the "Point of Control" on the Volume Profile over on the left of the chart.  POC tends to act as a magnet for price and often results in resistance.  Look for a consolidation or pull-back to support.

Commodities

 

Commodities Index +0.37%.  Energy +0.69%.  Base Metals +1.33%.  Agriculture -0.14%.  Gold up on heavy volume +0.98%.

After 10 minutes of trading this morning, XJO up about +0.5%.