The following are the latest daily summaries of my ongoing intraday coverage providing context to interpret price action. Any prices listed are for a contract's current "front month." Their direction tends to correlate with any ETFs listed for each. Today’s Highlight: Nobody expects the… Spanish Inquisition! And nobody expects gold to tumble $70 in two days. Otherwise it wouldn’t have rallied high enough to be able to tumble so far so quickly. Entering the new year in rally mode fulfilled the recent buy signal’s objective but the quick rejection is surprising nonetheless. Dollar Basket Mar Contract DX; (NYSEARCA:UUP) (NYSEARCA:UDN) ...