Weekend Charting and Chat - 2nd June 2017, page-3

In Australia yesterday:



XJO up strongly +0.87%. It remains on a "buy" signal, but approaching the "Moment of Truth", a.k.a. major horizontal resistance.

In America:


DJ +0.29%, SP500 +0.37%, Nasdaq +0.94%, NYA +0.16%, Russell2000 +0.67%. (Did somebody say "Sell in May"?)

XLF (Financials) was one of only two negative sectors, -0.38%. Energy was worse, -1.15%.

SP500:



Long-term and short-term, the index remains in an uptrend. RSI is now at 69.6 - a smidgin below overbought.

Commodities:

DBC –0.48%. Energy continues to fall -0.67%. Industrial Metals -0.44%. Copper Producers ETF (COPX) was down -0.74%. Gold +0.74%.
The full weekly report tomorrow.

RB.