JD, absolutely correct --- US are law unto themselves and they lead, not follow.
Banking index daily chart looks set for a fall...whereas dollar index is having trouble breaking free.
SPX indicators have worked off their overbought levels and could easily bounce from here -- they don't need to bottom before doing so. So, still a wait and see if the pullback gets slightly deeper, perhaps to 960 in the SPX.
Bollinger bands tight, so it should be a BIG move when it comes.
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |