Futures are slightly positive in the pre-market after a strong finish last week.

Readers will be shocked to learn that the administration’s announcement that hundreds of deals had been struck with trade partners might have been slightly “exaggerated.”

continued for members…

I’ll be posting the big picture analysis later this afternoon. In the meantime, the market is creeping higher again in advance of Wednesday’s PCE print – the first indication of the inflationary impact of recently announced tariffs.

Note that SPX’s RSI has reached TL resistance……while VX’s RSI has reached TL support.