The S&P 500 was very noisy during the trading session on Tuesday, as we broke above the top of the hammer from Monday, which typically is a very bullish sign.
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The Euro initially tried to rally during trading on Tuesday but broke down from the 1.14 level to test the bottom of a symmetrical triangle that we are currently involved with.
Gold prices ended a choppy, two-sided trading session slightly lower on Tuesday as a recovery in global stock markets dented the appeal of safe haven assets.
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The Euro initially rallied during the trading session on Monday but found enough resistance at the 1.1450 level to turn things around and fall apart.
The US dollar was very choppy during trading on Monday as traders came back to work.
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The US dollar initially fell during the trading session on Monday but bounced from a major trendline that I have been following, breaking to the upside and above the ¥113 level.
The S&P 500 had a volatile day as we broke through the crucial 2600 level during the early hours but turned around of form a hammer.
The WTI Crude Oil market initially tried to rally during the trading session on Monday but found the downtrend line at the top of the consolidation triangle a bit too much and rolled over again to test the bottom.
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