Dow Jones -0.12%. SP500 -0.58%. Nasdaq -1.15%. Small Caps...

Dow Jones -0.12%. SP500 -0.58%. Nasdaq -1.15%. Small Caps -0.78%. Banks +0.72%.

SP500

All three Super Trend lines on the main chart are blue - bearish. Until we see all three lines turn yellow - it's best to be cautious.

If all three Super Trend lines turn yellow - we have a bullish trend - and that needs confirmation on indices.

Commodities.

Commodities Index -1.56%. Energy -2.65%. Base Metals +1.28%. Agriculture +1.36%. Gold -0.74%.

Those Base Metals prices look good for Ozzie miners. Overnight in the U.S., BHP was up +2.55%, Rio up +1.66%.

Yesterday in the ASX, the market finished flat.

The chart is sitting on horizontal Support - so we could get a bounce here today. But, until we see three yellow Super Trend lines on the chart - I'll remain defensive.

Good luck