24/5/23. U.S. markets very weak.

 

Dow Jones -0.69%.  SP500 -1.12%.  Nasdaq -1.26%.  Mid Caps -0.99%.  Small Caps -0.11%.  Banks +0.65%.

SP500.

SP500 has broken below the lower support line of the up-sloping bearish wedge.

Just below is a bunch of indicators - 20-Day MA, Supertrend and Kijun Sen (Ichimoku Base Line).  A break down through those will probably see more falls - looking to the 200 Day MA.

Commodities.

Commodities Index +0.4%.  Energy +0.77%.  Base Metals continue to slide -1.87%.  Agriculture -0.1%.  Gold flat +0.12%.

In New York, BHP was down -1.5%.  Rio down -1.76%.  Woodside flat -0.09%.

ASX Futures down -35 Points - about -0.5%.