First, notice that stock prices have been in a fairly tight range for the last few days, but broke through resistance at the end of trading yesterday and rallied today.
Today, prices gapped higher at the open, formed several consolidation channels through out the morning trading (b), but sold off towards the end of trading (c).
Stock prices are now above key resistance (a) and have little upside resistance, save round numbers.
Treasuries gapped lower at the open (a), ran into resistance on a downward move (b) and formed a double bottom about half-way through the trading day (c). Prices rallied in the afternoon (d) and closed near yesterday's high (e).
Commodities gapped higher at the open (a), but had a fairly boring trading day for the rest of the day, finding support at line (b).
The dollar gapped lower at the open (a), moved lower (b) and then traded sideways for the rest of the day (c).
