1/11/23. Wed. Morning Finspiration Report

 Europe up, U.S. up.  Sydney Futures up.  What could go wrong?

Dow Jones +0.38%.  SP500 +0.65%.  Nasdaq +0.48%.  Small Caps +0.79%.  Banks +1.12%.

SP500.

 Yesterday I said I'd like to see SP500 above the Supertrend line and for DZ Stochastic to break above its lower band.  Both of those happened last night.  

Next hurdle is the 50-Day SMA, and the two signal lines of Ichimoku - Tenkan Sen and Kijun Sen (Conversion Line and Base Line).  A favourable Federal Reserve report tonight might see all of those broken to the upside.  We shall see.

Commodities.

Commodities Index -0.37%.  Energy -0.36%.  Base Metals -0.76%.  Agriculture +0.5%.  Gold -0.55%.

If U.S. stocks are up, we expect to see Energy and Gold down.  That happened last night.  All's right with the world.

After 30 minutes of trading this morning, XJO is up +0.35%.