Eoin Treacy's view Price action is reality for your portfolio the rest is noise .

DJ Euro Stoxx Banks Index – The Index hit a peak near 130 in January and returned to test the region of the September through November lows near 100. It posted its largest upward dynamic since September today, confirming at least short-term support near 100, and a countermanding downward dynamic would be required to check potential for some additional upside.

Singapore Financials Index – has held a progression of higher reaction lows since early 2012 and is currently pressuring the upper side of its most recent range. A clear downward dynamic would be required to question potential for a successful upward break.

FTSE China A600 Banks Index – remains in a corrective phase following its impressive advance earlier in the year. A clear upward dynamic would bolster confidence that demand is returning in the region of the 200-day MA but will need to break the short-term progression of lower rally highs to confirm a return to medium-term demand dominance.

Dow Jones Transports Average – continues to extend its rebound from Friday's low but some additional consolidation of earlier powerful gains is still the most likely outcome. A sustained move below the MA would be required to begin to question medium uptrend consistency.

Canada – finds support in the region of the 200-day following an abrupt pullback last week. A sustained move below 12,250 would now be required to question potential for some additional higher to lateral ranging.

Saudi Arabia – posts a new 11-month high and a clear downward dynamic would be required to question recovery potential.

Natural gas – has stabilised above the psychological $4 for the first time since August 2011. Provided it continues to hold in the region of the 200-day MA on pullbacks, the benefit of the doubt can be given the upside.