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The first thing I notice is that we are breaking above the 50-day EMA.
In my daily analysis of the S&P 500, it's obvious to me that the market continues to see a lot of volatility, but it looks like the Americans are going to pick up the ball and carry it to much higher levels.
In my daily DAX analysis, the first thing I notice is that we have recovered quite a bit of the losses early in the day, and that tells me that there are still people out there willing to jump in and take advantage of cheap contracts.
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I recognize that we are pulling back, but it's possible that we could also be approaching a massive support level that could turn things around.
I recognize immediately that we have seen a brutal sell-off, but quite frankly, I think we are a bit overdone.
In my daily DAX analysis, it's easy to see that the 50-day EMA continues to be very much in the minds of traders.
The CAC had initially tried to rally during the trading session on Tuesday but gave back gains as the 200 day EMA continues to offer a little bit of resistance.
It's hard not to notice the fact that even though we sold off in the early hours on Tuesday, the buyers came back to get involved and started pushing this market higher again.
In my daily analysis of the Dow Jones Industrial Average, it's easy to see that this asset had found a little bit of a floor in the early hours on Monday, but the question now is whether or not it can hang on to that support.
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It’s easy to see that the buyers have truly taken over at this point.
It's obvious that we have seen a lot of noise and negativity.
I am paying close attention to the 5500 level for this asset.
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I have been paying close attention to an uptrend line that has been important in this index for several months now.
The ASX 200 looks very exhausting at this point in time in my daily analysis, as I believe this asset remains positive, but at the same time it may have overstretched its momentum.
The German DAX has fallen a bit during the early hours on Wednesday, but it does look like we are in the midst of trying to recover.