Morning in a minute

Of course no one, at least on the sell side , the EU/Troika, Germany, Citi, JP Morgan and especially Goldman Sachs who actually had their tentacles on the levers of power in Italy are happy about the hung parliament elections which leaves Italy effectively without a government. However as we saw yesterday after market there were signs the market was going to gyrate and this morning it will gap up, largely I believe on expectations from Bernanke at 10 am, that's when all important data hits.

The EUR/USD hasn't moved much , but has a floor at $1.30 for now.

ES moved a bit off the lows, we'll be patient and wait for the set up there

NASDAQ futures are also set to gap up.

I suggest watching how the market reacts to Bernie in front of the Senate.

It will be short lived because the cat is out of the box, but he's expected to soothe the market.

Opportunity? YES