Overnight.
Dow Jones -0.56%. SP500 -0.72%. Nasdaq -0.28%. Small Caps +0.38%. Banks +0.63%.
SP500.
SP500 remains in bearish mode. Last night's candle (tombstone) could signal the end of the current short-term downside movement. We need to see an upside move in the next session to confirm.
Commodities.
Commodities Index +1.7% continues higher under pressure from Energy +2.98% affected by the ongoing war in Ukraine. Base Metals had plenty of intra-day buying, down -0.22%. Gold (safe haven) continued higher also, + 2.74%.
One day, suddenly, we'll see Energy and Gold reverse sharply.
Iron Ore -0.3%.
XJO started in negative territory this morning, but, after one hour of trading, is up about +0.7%. That augurs well for the U.S. tonight.
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