Currencies

Most of the averages have been fairly flat most of the day, the AUD of the AUD/JPY which is the pair that drives market risk was showing some 5 min intraday strength earlier today and nothing beyond that, it's like the AUD/JPY pair are in a downtrend that briefly bottomed to make a run uop and that's the accumulation period that was so quickly destroyed that I talked about last night.

In any case, the AUD still is struggling to get anything done, only some weakness in the JPY seemingly will help the pair and the market (AUD/JPY =AUD long/JPY short).

That's what I see right now.

Nikkei futures in general still not looking good, they look as if they are topping out.