US Market Early Session Update
The Dow is technically weak today relative to the other US indices, while the Nasdaq is underperforming the rest an hour into the open.
The Shanghai Comp and the DAX have most of my attention
Needless to say, those who have piled into the Nasdaq
And R2K over the last few weeks are probably feeling a little nervous today.
Oil is so far steady even as Iran has capitulated on their refusal to go along with increased output.
Gold shorts might be thinking of covering here. The Nov '15 trend line about 1253.00 is in view and bulls would expect a capitulatory bounce if the downside got out of hand.
S&P Futures Now
Short Term Trading Week Starting: 18 June, page-239
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Last
7,837.4 |
Change
-100.100(1.26%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,937.5 | 7,937.5 | 7,829.4 |
| XAO (ASX) Chart |