Early Update

Nothing too surprising, our Euro led market bounce was seemingly hijaked on Friday by an options expiration pin, the shrt term psitive divergences were still there so seeing an open higher is not much of a surprise.

 DIA positive divergence and confirmation today (1 min)

 Same with the QQQ

 The SPY 1 min is in confirmation of price

 The 2 min is still a bit more bullish, indicating the bounce signals from late last week.

And the 5 min makes the bounce pretty clear.

I still believe it is still a Euro oversold bounce.

At the start of FX trading for the week, the Euro rebounded off a break of $1.30

We have expected this to happen since the Euro first broke $1.30, so nothing to out of the ordinary thus far.