24/5/22. Overnight.
Dow Jones +1.99%. SP500 +1.86%. Nasdaq +1.59%. Small Caps +1.07%. Banks +4.08%.
That move by the Banks takes the Index back up to the 20-DMA where it has failed before. A decisive move up above the 20-DMA would be encouraging for the bulls.
SP500.
Monday's action shows follow-through buying from the intra-day buying on Friday.
All lower indicators show positive divergences, with the double divergence on MACD and Histogram a very bullish sign.
Commodities.
Commodities Index +0.75%. Energy +0.88%. Base Metals +0.96%. Agriculture +0.9%. Gold +0.47%.
Iron Ore -0.1%. Thermal Coal -0.3%.
After 10 minutes of trading on the ASX, XJO is flat, up just 0.04%.
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