Mixed results in the U.S. Energy down, Gold up.Dow Jones +0.16%....

Mixed results in the U.S. Energy down, Gold up.

Dow Jones +0.16%. SP500 +0.03%. Nasdaq -0.28%. Small Caps +0.3%. Banks +0.41%.

From CNBC: "Dow rises to close at fresh record, S&P 500 hits all-time high"

Yippee, hooray, we're all going to be millionaires!

Enough of the sarcasm. To be fair, fact checking shows those comments from CNBC to be accurate, but they conveniently avoid mentioning:

• the rises were marginal at best.
• Nasdaq fell
• intra-day selling occurred.

SP500

Today's candle is a narrow-range candle. The blue colour indicates that the index closed lower than it opened which means the sellers were dominant during the day.

Negative divergences on indicators show that momentum has slowed.

The negative divergence on the Money Flow Index is worrying as it suggests that the current up-trend hasn't been supported by increasing volume. With lower volumes, it wouldn't take much for the bears to step up pressure and send the market down.

Commodities.

Commodities Index -1.45%. Energy -2%. Base Metals -0.35%. Agriculture +0.32%. Gold +0.57%.

In overnight U.S. trading, BHP -0.36%, Rio -0.45%, Woodside +0.3%.

Sydney Futures +0.05%. That suggests the ASX might open a little on the positive side on Monday. I'm not hopeful after that.

Good luck.