• Crude Oil dives over 2% lower on Tuesday while China reopens after Golden Week. 
• Markets are starting to question Israel’s next move as time goes by. 
• The US Dollar Index eases for a second day in a row as the short squeeze in the DXY looks to end. 

Crude Oil abruptly halts its recent rally on Tuesday, with China reopening and returning to markets after the Golden Week festivity. A nosedive move in the Chinese Hang Seng equity index, by nearly 10% at its closing bell, sparked global concerns about China and its economic recovery. This also has implications for Crude Oil, with demand from the Asian Giant probably coming in lower again than previously anticipated. 

The US Dollar Index (DXY), which tracks the performance of the Greenback against six other currencies, eases for a second day in a row on Tuesday. The DXY saw a steep short squeeze last week, with US Dollar bears being washed out of their position in the process. Slowly but surely, the US Dollar (USD) bulls are starting to take profit in the rally, with the DXY in a slow grind lower in search of first support.