The title says it, and so do all the daily charts. Is this the bottom? Because that is what everybody wanted to know on Twitter today. So my guess is: it's probably not! But I wouldn't rule it out. The move was fast and deep in only a few days and some major indices are sitting at interesting support levels. To be continued... (don't you just hate it when you're favorite TV-show ends with those words?!)
5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
The euro traded sideways under 1.37 and is possibly making a bullflag.
Oil pulled back after a good run last week.
No love for metals, they dropped just like equities. Copper was down 0.5%, gold and silver lost more than 1%.
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