Eoin Treacy's view There is more than a whiff of risk-on in the air so it is an opportune time to review a number of important charts.

Indonesia – rallied impressively today following an accelerated decline over the last weeks. The Index is now pressuring the one-month progression of lower rally highs as it rallies back towards the 200-day MA. A sustained move below 3600 would be required to question potential for some additional higher to lateral ranging.

Apple – following a difficult six weeks for the world's largest share, Apple found support in the region of $525 three weeks ago and posted a higher reaction low on Monday. This may constitute the beginning of a support building phase and a sustained move below $545 would now be required to question potential for some additional higher to lateral ranging.

Gold – found support in the region of the September and December lows in mid-May and broke emphatically upwards on Friday. A countermanding downward dynamic would now be required to question potential for additional upside. Silver broke out of its short-term range today with both platinum and palladium also firming.

USD/JPY – The Dollar has rallied to test the 10-week progression of lower rally highs but needs to sustain a move above ¥80 to suggest a return to demand dominance beyond a short-term bounce.

Asian Dollar Index – finds support in the region of the September and December lows and appears to be in the process of unwinding the short-term oversold condition. A countermanding downward dynamic would be required to check potential for an additional bounce, while a sustained move above the 200-day MA, currently near 116, would be needed to suggest a return to medium-term demand dominance.