No big moves up or down, indices are basically consolidating or going sideways the last few trading days. Any brake higher or lower of this range, and we have a buy/sell-signal. Only tech is not trading sideways, but making a V-move.
5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
The euro traded back under 1.36 and made new lows for the last couple of weeks. Still bearish short-term. Longer term this could turn out to be a 'buy-the-dip' pullback.
Oil dropped to new lows and is now at first big support, $92-92.50.
Metals all were in the losing corner. While copper and gold lost 0.5%, silver went 1.6% lower.
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