Thu. a.m. 11/11/21.  U.S. Indices continue to retreat

Overnight:

Dow Jones -0.66%.  SP500 -0.82%.  Nasdaq -1.66%.  Small Caps -1.02%.  Banks +0.22%.

SP500:

SP500 is now short-term bearish with no nearby support level.  First port of call seems to be the 20-Day Moving Average at 4588.  SP500 is currently at 4647, about 60 points away from support.  It was down about 39 points today.

Commodities:

Commodities Index -1.26%.  Energy -2.5%.  Base Metals -0.72%.  Gold +1.09%.  Commodities Index and Energy have failed at the 20-Day Moving Average.  Expect more downside.

Iron Ore -3.2%.

Overnight Oz Futures -0.1%.  That's a modest drop compared to overnight markets in stocks and commodities.  Traders must be expecting strength in our banks today.