The first signs of weakness were showing since the rally started five trading days ago. Major indices started to trade under Friday's lows, but a nice bounce followed in the afternoon. The next couple of days will show if we start pulling back or are just consolidating at current levels.
5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
Not much going on here, the euro and oil were just above breakeven, metals just below (but gold down over 0.5%).
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