Nice rebound in the American market last night. Nothing startling but coming at the low end of a down trend it is promising. Dow Jones +0.35%. SP500 +0.59%. Nasdaq +0.83%. Copper up +2.08%. Gold -0.49%. WTI Oil -2%. 10 out of 11 sectors were up. Energy was only just positive. The one negative was Utilities.
Wednesday's "hanging man" candle (bullish) has morphed into a bullish candle on Thursday. Expect more upside.
This morning. Sydney Futures are pointing to a positive start, up +0.64%.
Good Luck.
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