Not an extremely exciting start to a new week. We are pretty much flat in oil, and the stock markets, with a slightly bullish tone coming in the RTH. In the currency markets, the JPY, GBP, and EUR seem to be the weakest, with the CAD and AUD holding up. The metals are pointing to a lower start to the day with a few sellers coming into the orderflow. The 1072 level is an extremely important overnight for the ES as the sellers held that level sunday evening. A break above that with the eurex markets following, and the other US markets, should see a test of Friday's highs.
Please refer to my previous posts for my levels and thoughts for today. No trades have been made as of yet.
Thanks and make a GREAT day!
Julian Marchese
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