13/10/23. Friday Morning Finspiration Report.

 

Overnight, U.S. markets fell.  Intraday buying in the afternoon session served to soften the losses.

 Dow Jones -0.51%.  SP500 -0.62%.  Nasdaq -0.63%.  Small Caps -1.91%.  Banks -1%.

SP500

 

SP500 is between the 50-Day MA and the 20-Day MA.  It is also above the 8-Day EMA.  That suggests we will see a bit more consolidation before the market decides which way to go, up of down.

Commodities.

 Commodities Index -0.04%.  Energy -0.37%.  Base metals -0.71%.  Agriculture -0.93%.  Gold -0.3%.

After an early plunge, XJO is now down only about -0.3%.  This suggests the oz market will have minimal losses today.