Bonds
ZB is lower again today but per my thinking from last night, I’m treating this as nearing an end to a fractal down from the late December high and thus think a bounce is due. Support at 119^20 and 118^19.
Crude Oil
Crude on plan with a move up to 74.35 today. Expect that to be weak resistance and an grind past toward 77.50.
Euro
Relatively little movement in Euro today this morning as 1.0868 is retested. I favor higher if Euro can recover 1.0894.
Gold
GC on plan with a bounce today but nearing resistance at 2028.00 that can cause a pause.
S&P 500 Futures
There was a retrace in the S&P 500 futures in the late morning that extended into early afternoon. I think this is a buying opportunity and as we see, I’m not the only one. Over 4785.25 is a positive though there may be a minor retrace or consolidation prior to a continued grind higher to test 4801.75 and above.