Futures are up slightly as the bond market reopens and attempts to take stock of the geopolitical situation in the Middle East.

Meanwhile, ES is making an important backtest.

continued for members…

Note this is a key fanline from the Oct 2022 lows as well as the midline of the rising yellow and purple channels.

VIX is toying with the algos by hovering at its SMA200.

Currencies are being supportive, but have not (yet) taken any drastic steps to overcome equities’ resistance.

WTI is actually slightly lower this morning, while RB is up a bit.

Bonds are getting a bit of a bid as some investors are no doubt going risk off.