Monday gave us a digestive narrow range rest day. The day started strong and gradually faded to close just off the lows on light volume. Leaving the second consecutive day for a drop in volume across the Nasdaq and NYSE. Which is giving the market time to consolidate and digest the past few weeks of extreme volatility. Gold closed the day down 60 cents at $681 an ounce and crude closed up 21 cents at $71.68 a barrel. Into Tuesday the market is set for a move and with early economic data we are likely to see volatility start in the pre marke[...]
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[Source: The Money Blogs]
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