During the session on Tuesday, we get a handful of announcements that could move the market including CPI coming from the United Kingdom, business sentiment coming from Germany, and a handful of other mid-level announcements.
WTI Crude Oil
The WTI Crude Oil market continues to look very healthy, but is getting a bit overextended. Perhaps a pullback is needed to entice more call buyers, but ultimately this is a very bullish market.
USD/CHF
The US dollar continues to strengthen overall, and is enjoying significant gains against the Swiss franc. This looks likely to continue, but pullbacks may be needed to build up enough momentum to break above the noise just above current trading levels. The 1.0050 level should be rather supportive.
DAX
The DAX chomped around during the Monday session, but still sees plenty of support just below. Pullbacks should offer value the call buyers will be attracted to, as we continue to grind higher overall.
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