We get a handful of announcements coming out of Germany in the United States during the day on Tuesday, but nothing earth shattering with perhaps the one possible big mover being the German Final GDP numbers.

FTSE 100

The FTSE continues to consolidate between the 6050 handle on the bottom, and the 6200 level on the top. Because of this, back and forth range trading will more than likely continue to be the way forward, as the market looks to be very comfortable in this particular area.

WTI Crude Oil pulls back

The WTI Crude Oil market pulled back during the early session on Monday, but we still remain very well supported just below due to quite a bit of noise near the $46 level. With this being the case, it’s very likely that call buyers will be interested in pullbacks as this market has been so bullish lately.

Silver continues to drift lower

Silver markets fell slightly during the course of the day on Monday, but still sit above a massive support level just below near the $16.20 level. That support extends all the way down to the $16 handle, so it’s very likely that sooner or later call buyers will be tempted to purchase silver based upon value.