Thursday, August 31, 2023

31/8/23. Thursday Evening Finspiration Report.

 XJO up a little today.  A narrow range day on low volume.  Not much interest in the trading today.

XJO +0.1%.


 This chart is at a major horizontal resistance level.  The market is not yet oversold, so any pause or short-term pull-back will probably be bought.

The market has come a long way in a short period of time - so a bit of rest time seems likely.

But the trend is up.  Stay with it till it ends.

In early evening trading, the big Swiss bank, UBS, is up +5%.  That's helped the European markets to head to the upside.  STOXX600 currently up +0.28%.

Dow Futures up about the same, +0.29%.


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