Finspiration Australia. Chart Analysis of Australian and International Stock Markets.

Overnight.  The Bear Rages.

 Dow Jones -2.79%.  SP500 -3.88%.  Nasdaq -4.68%.  Small Caps -4.46%.  Banks -3.41%.

SP500.

SP500 has hit a new 52-week low.

SP500 stock chart shows positive divergences on Stochastic, MACD and Histogram.  The market is probably not far off a bottom.

Commodities.

Commodities Index -1.12%.  Energy -0.83%.  Base Metals -1.9%.  Agriculture -1.14%.  Gold -2.64%.

After 30 minutes of trading, XJO is down about -5%.  The descent has just begun to slow down.