XTL 14/15 Dec. Charts, page-2

Dow Jones -0.2%. SP500 flat -0.00%. Nasdaq +0.12%. Small Caps -0.64%. Banks -0.44%.

The American market is in a bifurcated state with the Industrials in a clear down trend and well below its 20-Day MA.

Technology is consolidating at the top of its trend and is well above its 20-Day MA.

SP500

SP500 is the middle path between Industrials and Technology.

It is in the neutral zone between the upper and lower bands of the Bollinger Bands set at 10/1. (Default is 20/2)

The three MAs shown on the chart, (10/20/50) are all aligned in bullish fashion - so the trend remains up, with the Index in a narrow consolidation at the top of the trend.

Money Flow and Stochastic both remain above their mid-lines.

This is a wait-and-see scenario, with a bullish bias.

Commodities.

Commodities Index -0.04%. Energy +0.69%. Base Metals -0.05%. Agriculture +0.66%. Gold -1.21%.

There's not much in the above which suggests the bears will be out in OZ on Monday. But ASX Futures were showing a different view, down -0.49% overnight, so Oz is looking at a negative start on Monday morning.

Take care.