18/5/22. Overnight.
Dow Jones +1.34%. SP500 +2.02%. Nasdaq +2.76%. Small Caps +3.02%. Banks +3.9%.
Euro Stoxx50 up +1.52%.
Despite the current rally, all of the above remain in a down-trend. An up-trend can be declared when we see a higher high and a higher low.
SP500.
Two out of three Super-trend Lines have now switched to yellow (bullish). Hull MA13 has switched to yellow (bullish).
Divergences on CCI are a leading indicator for a short-term trend change. See Above.
Commodities.
Commodities Index -1.09%. Energy -2.09%. Base Metals +1.26%. Agriculture +0.53%. Gold -0.63%.
Iron Ore -0.7%. Thermal Coal +2.8%.
Overnight Oz Futures +0.9%.
Overnight in the U.S., BHP up +3.25%, RIO +3.59%, Woodside +1.99%.



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