Not much happening. The range in SPY indicates consolidation (55 cents between high and low of the day, volume not high at all).
The major indices are trading mostly sideways/pulling back slightly. So far a bullish look.
5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
Oil pulled back another 1.2%, but managed to stay above yesterdays lows.
The euro also pulled back a bit, down 0.5%, but no harm done. It needed this to work of these overbought conditions.
Metals were mixed, copper closed just under breakeven, but gold was up 0.8% and silver gained well over 2%.
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