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European shares had a strong day to the upside

Major European indices had a solid day led by Spain’s Ibex which rose by 1.3%. Other major indices were up by 0.77% or more:

  • German DAX, +0.87%
  • France’s CAC +0.97%
  • UK’s FTSE 100 +0.77%
  • Spain’s Ibex +1.3%
  • Italy’s FTSE MIB +0.96%

US stocks have pushed into positive territory with the NASDAQ index leading with a gain of 0.06%:

  • Dow industrial average +0.59%
  • S&P index +0.34%
  • NASDAQ index +0.06%

At session lows, the NASDAQ index successfully tested its 100 hour moving average giving the buyers some hope from a technical perspective (see post here).

A look around other markets shows:

  • Crude oil is up $0.93 at $65.90.
  • Gold is up $26.50 or 0.70% at $3775.23.
  • Silver is up $0.99 or 2.21% at $46.16. That is a new high going back to 2011.
  • Bitcoin is up $370 at $109,400.

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