Tue. a.m. 14/12/21. U.S. stocks retreat.
Overnight:
Dow Jones -0.89%. SP500 -0.91%. Nasdaq -1.39%. Small Caps -1.71%. Banks -2.29%.
Santa Rally on hold for now.
SP500.
Today's candle is a bearish engulfing candle which usually suggests more downside. Plenty of support remains nearby, so this is probably a buy-the-dip time.
Commodities.
Commodities Index -0.49%. Energy -0.96%. Base Metals +1.1%. Gold +0.25%.
Iron Ore +7.4%.
After 15 minutes of trading this morning, the market is down -0.45%. The "big boys" that dominate the after-market auction were right again yesterday - they were getting out, pre-empting today's early fall.
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