Sat. 18/12/21.  U.S. stocks fall for 2nd day.

Overnight:

Dow Jones -1.48%.  SP500 -1.03%.  Nasdaq -0.07%.  Small Caps +0.32%.  Banks -2.83%.

Options Expired on Friday, which may have had an effect on closing prices today.  

SP500:

Short-term trend is sideways, and in danger of breaking to the downside.  It currently has plenty of support:  Kijun-Sen, Supertrend and 50-Day MA, so I expect SP500 to bounce here after two days of downside action.

Commodities:

Commodities Index is in a sideways consolidation.  Dow today -1.18%.  Energy -2.01%.  Base Metals -0.23%.  Gold -0.21%.

Yesterday in Australia:

XJO was up a little +0.11% on Friday.  It remains within its trading range where it's been since September.

There's not much point in taking a position until it breaks out of this trading range.