Overnight.
Dow Jones +0.86%. SP500 +1.45%. Nasdaq +2.08%. Small Caps +1.12%. Banks +0.09%.
SP500.
SP500 has broken upwards from its short-term consolidation. It remains locked between the 50-Day MA and the 200-Day MA. The chart also remains below the Ichimoku Cloud. This remains, in my view, a counter-trend rally. Wait.
Commodities.
Commodities Index +1.01%. Energy +0.56%. Base Metals +2.76%. Gold +0.34%.
Iron ore down -2.1%.
After 10 minutes of trading, the XJO is up +0.6%.
NAB reported this morning and is going gang-busters, up +3.49%, that will further boost the price of the other banks.
No comments:
Post a Comment