Pre-market futures for the equity indices are flat-ish, there are a few that look to see slight upside gaps, but the theme of the night as best illustrated with the NASDAQ futures seems to have been to keep the futures flat, either giving them support to keep them from falling or spooling out some supply to keep them from rising, but in actuality, it looks more like the adjustments were specifically to keep futures flat as both acts seem to be present. The European open didn't even move futures much as I expected it would not last night.
NASDAQ futures with the European open at the green arrow, a very flat range overnight. Note the support (positive divergence in white) and resistance or supply (negative divergence in red).
Pretty much the same can be said of SPX futures where no theme was allowed to break lose all night. It seems someone was interested in a flat opening this a.m.
Perhaps FX gives us a hint of early action...
The EUR/USD opening for the new week has been flat as well...
However some very recent upside momentum, although still small, may be a hint as to which way early trade will break.
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