Futures Update

Futures made a quite fast, but not so big move. Interestingly CONTEXT jumped from-10 to +0.67 almost instantly.

The only news I can dig up is that FOREX traders are embracing riskier currencies and selling the Dollar, but looking at the charts. something doesn't look right, it's not consistent yet through single currency futures and the pairs, but for example, the Euro which moved up, has a worsening negative 3C tone, the Dollar should look worse, but almost looks as if it's about to transition to a more positive stance. R2K Futures have a negative divergence and couldn't make a new high.

This has the look of a rumor knee jerk, if I find out any more or if signals start becoming more consistent as this is very new, I'll post the update ASAP.