The WTI Crude Oil market fell apart during trading on Monday, losing over 3% and breaking cleanly below the 50 EMA.
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The S&P 500 had a slightly negative session during most of the day on Monday, as we continue to hover around the 2800 level.
Gold prices ended Monday nearly unchanged after a quiet session as investors awaited Federal Reserve Chairman Jerome Powell’s testimony to the Senate.
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The Euro fell initially during the trading session on Friday, reaching down to the 1.16 level before turning around and bouncing significantly.
The WTI Crude Oil market rallied on Friday, gaining 0.5% by the time the Americans were ready to call it a day.
The US dollar has rolled over against the Japanese yen during trading on Friday, as we had most certainly gotten a bit overextended.
The S&P 500 initially pulled back slightly during the trading session on Friday, but then broke above the 2800 level.