Wed. a.m. 8/12/21.  Strong rally in Stocks continues.

Overnight:

Dow Jones +1.4%.  SP500 +2.07%.  Nasdaq +3.03%.  Small Caps +1.45%.  Banks +1.51%.  Nasdaq has its best day since March.

European stocks were also up strongly with the STOXX600 up 2.5%.

SP500.

SP500 gapped up at the opening, then kept going for most of the session.  Supertrend (1.5/7) has switched from blue to yellow - a strong buy signal.  The short-term line has crossed above the 8-Day EMA and the medium-term line - bullish.  

Commodities:

Commodities Index +1.51%.  Energy +1.8%.  Base Metals +0.77%.  Gold +0.35%.

Stochastic Indicators for DBC, DBE and DBB are all now on buy signals.  Stochastic buy for Gold appears to be imminent.

Iron Ore +8.1%.

Overnight Oz Futures +0.3%.

The Oz market should build on yesterday's good result.