Europe down. U.S. down modestly. Oz Futures down a little -0.1%.
Overnight in the U.S.:
Dow Jones -0.19%. SP500 -0.25%. Nasdaq -0.19%. Small Caps -0.37%. Banks +0.67%. Banks bounced off the 20-Day MA - a positive move.
SP500.
SP500 stabilised at the Base Line of the Ichimoku system, but below the Conversion Line. I'd expect to see an up move here to test the Conversion Line. All bets are off until we see a move back above the Conversion Line.
Commodities.
Commodities Index +0.95%, Energy +1.46%. Base Metals +0.81%. Agriculture -0.78%. Gold -0.03%.
With Energy, Base Metals and Banks higher, we could see a surprise upside move in the XJO today.
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