Overnight.
Dow Jones -2.37%. SP500 -2.95%. Nasdaq -3.62%. Small Caps -2.29%. Banks -4.62%
SP500.
SP500 down almost -3% - biggest down day for a long time
Positive divergences beginning to show up on RSI and CCI. The American market could be close to a bottom.
Commodities.
Commodities Index +2.18%. Energy +2.95%. Base Metals -1%. Gold +1.49%.
Iron Ore +6.8%.
XJO is performing relatively well this morning. At 11.40 a.m ((AEST) the XJO is down just -0.12%. Despite the big jump in iron ore, the two big iron ore miners are down, BHP -1.91% and Rio -2.53%. The "Smart Money" must have smelt something in the air this morning to produce those falls.
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