Optimism in early evening trading last night, fell away. Europe finished higher, but Dow and SP500 were down and Nasdaq flat. Ozzie Futures are down a little this morning.
Dow Jones -0.51%. SP500 -0.28%. Nasdaq +0.06%. Small Caps -0.23%. Banks -2.62%.
Banks are under pressure after many were downgraded by a ratings company.
SP500
SP500 remains within the Kumo Cloud - that's the "no trading" zone. It has come up to the top of the Cloud and opposite the "Point of Control" on Volume Profile to the left of the chart. SPX is also facing overhead resistance from Supertrend and then 50-Day MA. Tough going.
Commodities.
Commodities Index flat +0.04%. Energy -0.01%. Base Metals +0.95%. Agriculture -0.61%. Gold +0.16%.
After a few minutes of trading this morning, XJO is down a little -0.1%.
Woolworths reported before the market opened this morning. Yesterday it was it hard by a poor report from Coles, but this morning it has opened up more than +3% above yesterday's closing price.
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