In America: [IMG] Lots of diverse action in Indices. DJ +0.42%,...

In America:



Lots of diverse action in Indices. DJ +0.42%, SP500 -0.08%, Nasdaq -1.8%, NYA +0.56%, Russell2000 +0.43%.

XLF (Financials) up very strongly +1.89%

SP500:



Nothing much has changed in the SP500. H-A candle today saw another doji candle and suggesting a possible trend change. The middle (Regression) line of the Standard Error Channel has been acting as resistance since late March. All indices are showing short-term sell signals. This is an indecisive chart. Wait.

Australia remains uncorrelated with the broad American market. The commodities pricing helps a little but the major American indices are not much assistance.

Commodities:

DBC +0.56%. Energy +0.61% Industrial Metals +1.09%. Copper Producers ETF was up +0.82%. Gold -0.91%.

BHP down overnight in the U.S. -0.56%. In London it was up +2.07%. Currency movements don't explain the big discrepancy between the U.S. and London.

It's all getting a bit weird. Techs getting belted. IMs going gang-busters. Financials going gang-busters. Big discrepancies in BHP prices between London and the U.S. Beats me. Think I'll go and get me a T-Shirt for the times:



RB.