Thur. a.m. 4/11/21.  Another record rise for American indices.

Overnight:

Dow Jones +0.29%.  SP500 +0.65%.  Nasdaq +1.04%.  Small Caps +2.14%.  Banks +1.44%.

SP500:

SP500 is oversold on the RSI - now at 72.5.  It is very overbought on Money Flow Index - now at 91.6.  We rarely see a reading above 90 on this indicator for a major index.  More upside could occur but it is becoming more and more unlikely as time goes by.

The trend remains up.  Stay with the trend until it ends.

Commodities:

Iron Ore +3.4%. 

After 30 minutes of trading, XJO is up +0.2%.  It looks like a relatively flat day today.

Commodities Index -2.55%.  Energy -3.46%.  Base Metals flat 0.00%.  Gold -0.83%.