With the German PPI and Canadian Retail Wholesale numbers being the top line numbers economically for the day, Monday should not be overly volatile. Looking at the markets, we are following these three assets:

WTI Crude Oil

It looks as if though the WTI Crude Oil market is going to continue to consolidate between the $54 level on the top, and the $51 level on the bottom. Because of this, a breakdown below the $53 level should be a put buying opportunity as we continue the overall consolidation.

Gold

Gold markets had a slightly positive session on Friday, as we continue to press up against the resistance at the $1240 level. It looks as if every time we pull back, call buyers will be attracted to the market. Put buyers are on the back foot currently, and as a result is likely that we will continue to see bullish pressure.

DAX

The German index pulled back slightly during the day on Friday but seems to have support near the €11,700 level. On signs of a bounce, call buyers should jump back into the market as we attempt to make fresh new highs.