Hot Copper Charting and Chat, page-661

Sat. U.S. major indices cascade down. Base Metals up.

Dow Jones -0.7%. sp500 -1.32%. Nasdaq -2.24%. Smal Caps -0.92%. Banks +0.85%

SP500

SP500 fell on heavy volume, down -1.32%.

It is now down to major Horizontal Support which held the Index through-out most of October. That coincides with the 20-Day EMA, so we have the confluence of a major Support and Moving Averge. That's powerful stuff.

Expect the Index to bounce here.

Commodities.

Commodities Index -0.5%. Energy -1.27%. Base Metals +1.94%. Agriculture +0.42%. Gold -0.18%.

Those good base metals prices could help Oz miners on Monday.

ASX overnight Futures down -0.31% which indicates a negative start for the ASX on Monday.

Take care.