Video Cracks Appear in Coppers Rally Disney Falters at Resistance

And staying with metals, we also take another look at Silver. The grey metal has been frustrating of late, as it refused to break trend support whilst simultaneously struggling to keep hold of gains. But we think we may have identified the key level to watch to move things along. As for US stocks, we analyse Disney (DIS) which may be setting itself up for another drop.

S&P 500: Market Internals

S&P 500: 4208.12 (0.14%), 02 June 2021

Energy (1.74%) was the strongest sector and Materials (-0.93%) was the weakest
6 out of the 11 S&P 500 sectors closed higher
5 out of the 11 sectors outperformed the S&P 500
262 (51.88%) stocks advanced and 240 (47.52%) declined
90.3% of stocks closed above their 200-day average
77.43% of stocks closed above their 50-day average
62.38% of stocks closed above their 20-day average

Outperformers:

+ 7.68% - Schlumberger NV (SLB.N)
+ 7.15% - ETSY Inc (ETSY.OQ)
+ 6.07% - HollyFrontier Corp (HFC.N)

Underperformers:

-5.16% - Nucor Corp (NUE.N)
-5.03% - Tapestry Inc (TPR.N)
-4.12% - PVH Corp (PVH.N)

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