In U.S. Major indices finished the day with little change. RSI...

In U.S.

Major indices finished the day with little change. RSI is reading bullish (above 50) on three out of five indices. A bearish cross of the 20/50 Day MAs on the Russell2000 has occurred.


DJ +0.12%, SP500 +0.14%, Nasdaq +0.19%, NYA +0.21%, Russell2000 .0.02%.

Financials -0.2%.

In Europe, the Euro Stoxx 600 Index was up +0.7%

SP500:



The Heiken-Ashi chart remains bullish. Indicators have kicked up. This index can still revert to the downside. At the moment it is range bound.

Commodities:

DBC -0.27%. Energy -1.02% Industrial Metals +3.67%. Copper Producers ETF was down -1.37%. Gold +0.74%. Iron Ore –0.8%.

US$ fell last night -0.33% after dovish comments by Fed members. Ozzie $ kicked up strongly +1.38%. That’s good if you’re going overseas but not good for Ozzie companies earning income in overseas countries.
Results overnight are mixed for Australia. Our market continues to face overhead resistance. We will probably be range bound today.RB.

Telstra reported a cut in dividends and is down in the pre-market about -3%. It had a strong day yesterday up more than 2%, So that will probably be given back today.

RB.