Greetings All, and Happy Tuesday!
We pick up the Action with the “Equities Engine” rolling along and bringing the Major Pairs along as Train Cars… as The Dollar and The Yen have been the “Damsels-In-Distress” tied to the Train Tracks waiting for the worst!…
The Equities rally and bring Gold and Crude right along with it, with Respective Closes @ $903 and $54 with some Cents between the Two Commodities.
Now…in my personal View… amid all of this Bullish Continuation and Price Appreciation-Behavior… A “Reversal Day” maybe looming on the Horizon.
As we spoke of recently last week here on the Blog… in our recent Climate… we often see “Rollover Days” where, dependent on Directionality, we simply give back the Majority of recent Gains, or Re-Gain the Majority of recent Losses.
Let’s not forget the Low Liquidity with the U.K. and Japanese Holiday… which provides additional “Validity” for a Plausible Corrective Day moving forward.
The Units themselves are all at Key Dynamic and Static Resistance Levels, so let’s have a look!
We step back at bit and look at the Dailies of Cable, the June Crude Contract, and the Aussie Dollar so give the Captures a Click for Commentary, as always.
( Post-Time is a bit early this evening ( for me ) at 00:40 GMT… as I would like to provide an Update straight away after the 7:00 GMT Currency Majors Tech Report… )
I will see Everyone at 7:00 GMT for the Report, and then back here for an Update!
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