The WTI Crude Oil market initially fell during the day on Tuesday, but the inventories number came out much more bullish than expected and we of course turn right back around. The natural gas markets initially fell during the course of the day on Tuesday, and then turn right back around form an extraordinarily bullish candle.
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During the day on Tuesday, the NZD/CHF market ended up turning back around to form a shooting star.
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Get the NZD/USD Forex Signal for August 23, 2016 here.
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Get the USD/CAD Forex Signal for August 23, 2016 here.
Get the USD/CHF Forex Signal for August 23, 2016 here.
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Get the EUR/USD Forex Signal for August 23, 2016 here.
The S&P 500 initially dropped during the course of the day on Monday, but turned right back around to form a bit of a hammer. The NASDAQ 100 is acting very much the same as the S&P 500 but I also recognize that the 4800 level is not only supportive, but is probably more important than the 20-day exponential moving average that we see in the other market.
The WTI Crude Oil market fell during the day on Monday, as we have finally exhausted a bit. The natural gas markets rose during the course of the session on Monday, as we continue to go back and forth in this market.