Tuesday, December 21, 2021

 Wed. a.m. 22/12/21.  U.S. rebounds strongly.


Dow Jones +1.6%.  SP500 +1.78%.  Nasdaq +2.4%.  Small Caps +2.94%.  Banks +2.65%.

SP500.


The two-day candle-stick pattern is a kicker pattern, a very strong pattern, which, coming at the end of a down-trend almost invariably signals the end of the down-trend.  The short-term trend is now up - stay with the trend.


Commodities.


Commodities Index +2.11%.  Energy +2.86%.  Base Metals +2.5%.  Gold -0.04%.

Iron Ore +0.5%.

Overnight Oz Futures +0.15%.

We should have a positive day today, but we were up strongly yesterday - pre-empting the rise in America.  So, our XJO may not have a very strong day today despite the American strength.

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