Mixed Results in New York. Energy up. NAB ex-dividend today.
SP500.
Force Index is showing a negative divergence suggesting a pull-back is coming soon.
Three out of the last six days have been doji candlesticks, while volume has been dropping. There's not a lot of confidence in the up-trend.
The index remains well above the 50-Day MA which may provide support. A high volume node is nearby which also may provide support. Any pull-back is likely to be bought. Look for a higher volume day on a positive candle to indicate that any pull-back is over.
Commodities.
Commodities Index +1.46%. Energy +1.81%. Base Metals +0.59%. Agriculture +1.45%. Gold +0.56%.
Those good commodity prices should give the ASX a boost today.
After ninety minutes of trading today, XJO is up +0.67%.
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