Daily Reading on the Financial Markets: 1/19/12

Tony Palotta at Macrostory notes and that support and resistance are being tested across the board, and believes the big test is at hand.

Ace Technical Analyst Chris Kimble notes that the Euro may be ready to rally after forming a falling (bullish) wedge.

Cullen Roche at PragCap quotes David Einhorn in summarizing the boom-bust cycle of European markets in the current political environment.