Futures are flat on another quiet day that probably won’t remain so quiet.

continued for members…

As if the world needed more geopolitical concerns, South Korean President Yoon Suk Yeol just declared emergency martial law, vowing to “eradicate pro-North Korean forces and protect the constitutional democratic order.”

It has further dampened the USJDPY as the yen gained strength against other regional currencies. And, the USDJPY, highly correlated with equities, is already running very low on chart pattern support.