Fri. a.m. 10/12/21. Major U.S. Indices fall, VIX back above 20.
Overnight.
Dow Jones -0.00%. SP500 -0.72%. Nasdaq -1.71%. Small Caps -1.65%. Banks -0.15%.
SP500.
Major resistance proved too much for the SP500.
Despite the fall, the short-term trend remains up. The index finished at the short-term line (about 3-Day MA). Nearby support lies at minor horizontal support of 4650 and the 8-Day EMA. If those hold and we get a bounce, then another test of major resistance is likely.
Commodities.
Commodities Index -1.52%. Energy -1.91%. Base Metals -0.71%. Gold -0.61%
BHP was down in both the UK and US but holding above the 200-Day MA. Rio was up in both the UK and US.
Iron Ore -0.3%.
Overnight Oz Futures -0.1%.
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