Mr. Market was recovering from the move higher last Friday. No big moves in indices, just some consolidation before we (probably) go higher.
5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
No rest for oil. After breaking out of it's bullflag last Friday, oil gained another 1.4% today.
Metals were outperforming indices, but not by much. Silver was leading, gold and copper traded close to breakeven or with a small loss.
The euro also made some progress, it's looking at the 1.23-level next.
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