Futures

Here are a few charts, the $USD looks especially resilient after a quick drop on the release of the ADP employment report (I get their data emailed to me and don't even open it, their series is so noisy and so far off the mark, but that may be because they are right and the BLS is fudging the numbers).

Really the USD/JPY is the only real risk driver so it's really the only asset that REALLY matters right now.

 $USD stayed in a strong , long overnight positive divergence even when it dipped hard on the 8:15 ADP report release.

The Yen after having made a new low for the series down from $103 looks a little tired here, that could be useful for the market.

I'm not interested in PMs yet and I think oil is very close to a big slide.