Friday, 13/5/22. Watch for falling pianos.
Overnight.
Dow Jones -0.33%. SP500 -0.13%. Nasdaq +0.06%. Small Caps +1.22%. Banks -0.59%.
SP500.
Sp500 is in an exponential fall. Exponential movements are difficult to predict but usually end with a sharp spring-back in the opposite direction.
The Index is oversold, with a positive divergence on the CCI, so a bounce is on in the near term.
Commodities.
Commodities Index +0.47%. Energy +0.81%. Base Metals -1.89%. Agriculture +0.46%. Gold -1.53%.
Iron Ore -3%. Thermal Coal +1.5%.
Overnight Oz Futures flat +0.0%
Energy stocks look likely to be strong today.
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