Overnight.
Dow Jones +1.79%. SP500 +1.86%. Nasdaq +1.62%. Small Caps +2.73%. Banks +3.61%.
SP500.
SP500 is in a short-term sideways consolidation. Probably the next move will be to the upside, but that will take the index into heavy overhead resistance.
Commodities.
Commodities Index +3.26%. Energy +5.28%. Base Metals +2.65%. Gold -1.04%.
Iron ore +0.4%.
The ASX rose strongly at the start of trade with the XJO up about +1% but is now settling back to be up +0.63%. We should still have solid gains today.
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