If you look at the currencies (as well as gold) they got their 5 SMA objective first before then entering consolidation mode.

current US Investor Sentiment (courtesy Y charts)

Turnaround Tuesday? tomorrow is last day of the month....

Gold: not quite yet to daily EMA, but rare that one sees an ID/OD/ID/ID coil!

Tho silver shows Sell Short day on the ROC, the main pattern was the 3 bar breakout mode...VBO is short.

PESO - going on day 15 of an extended run. There is a very specific way to trade extended runs if you are a day trader. If trailing stop, almost any will do. Simplest way is exit on close below a 2 or 3 bar low.

RE Peso post, my favorite way is volatility trail stop - usually on 240 minute time frame but sometimes 120 depending on the market.

SP, NAZ and DOW all had NR7s yesterday.....

Tale of two gaps.....SP pit session

Early AM sell - I prefer tick charts to condense overnight action. (aka, equitick or constant volume bars). This is 6000 tick chart

Crude getting closer to daily grail objective...

DAX: This morning I mentioned there is one way to trade these extended runs if not already carrying a position: Buy Dips below the 5 SMA or, buy any MORNING weakness. Do not buy afternoon weakness.