Pre-Market

Futures aren't really that interesting and while there was a lot of data out of China, the Chinese New Year with 5 more days made the initial numbers which sounded too good to be true, actially very mediocre.

I think the real news is what the Euro has lost since Draghi talked so much smack about the EU that the Euro finally gave up the ghost-at least momentum is done and now its the Japanese Yen's turn as the Yen soared overnight on comments it had fallen too fast.

Lots of other news, none of it immediately pressing, much like the futures.

 If it loos like slop and no trend in ES, it's because there is no trend.

NASDAQ furures gained a little, but they are divergent so far.

More in a bit