XJO 0.30% 7,726.8 s&p/asx 200

28/02 indicies, page-84

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    SP500 and Nasdaq set new records. Gold goes Whooshka.

    Dow Jones +0.23%. SP500 +0.8%. Nasdaq +1.14%. Small Caps +0.46%. Banks -0.34%.


    These are the weekly figures for the major indices: Dow Jones -0.11%, SP500 +0.95%, Nasdaq +1.74%. Dow Jones is lagging other indices.


    Weekly
    SP500.

    SP500 has been in a strong up-trend since early November, 2023. Start to worry if the Weekly RSI falls below the mid-line of its Bollinger Bands.

    Commodities.

    Commodities Index +0.5%. Energy +0.96%. Base Metals +0.29%. Agriculture +0.09%. Gold was on fire, +1.99%.


    Van Eck Gold Miners ETF in the U.S. was up +3.68%.


    10 Year T-Note.


    10 Yr T Note (Bonds) up +0.54% on strong volume. 5-DEMA of Force Index has risen above zero and the 13-DEMA. 13-DEMA is above its zero line since early February. That's bullish for Stocks and Commodities, especially Gold.


    Good luck.

 
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