After early losses, U.S. markets rebound to finish on the positive side. Due to the War in the Middle East, Gold and Oil finish higher.
Dow Jones +0.59%. SP500 +0.63%. Nasdaq +0.39%. Small Caps +0.84%. Banks +0.1%.
SP500.
MACD Histogram has nudged above its zero line.
The short-term trend is up - stay with the trend until otherwise indicated.
Commodities.
Commodities Index soared +2.09% on the back of higher oil prices, Energy +3.32%. Base Metals +0.65%. Agriculture -0.05%. Safe Haven Gold +1.84%.
After 30 minutes of trading this morning, XJO is up +0.76%.
Markets appear to be discounting the possibility of the HAMAS/Israeli War escalting into a wider conflict.
Good Luck,
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