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During the session on Tuesday, there is hardly anything out there that's going to push the market around as far as economic announcements are concerned. The CB Consumer Confidence number coming out of the United States is the only announcement worth paying attention to, which could possibly move the stock markets, but beyond that we don't expect much in the way of a reaction.

1 – Stock markets continue to look fairly strained in general overall, but we do believe that sooner or later we're going to see a bit of a bounce. We have special interest in the European theater which is showing an attempt to reach down to significant support levels, so we think that the European stock market could get a little bit of a relief rally in the next couple of days. With fact, be very cognizant of where the recent lows are.

2 – Currency markets will continue to favor safety overall, so look for commodity currencies to continue to struggle over the longer term, and therefore we are put buyers and such pairs as the AUD/USD pair. We believe that precious metals will also continue to chop around, but we do have an interest in gold at the moment that looks well supported down to the $1120 level.

3 – Overall, short-term trades will probably be the only way to go. This is because there's a lot of confusion out there, and a lot of fear. With fact, it's very difficult to imagine hanging onto to trade for any real length of time at this point in time.