Pre-Market

I'll bring you the ins and outs as they have been developing all morning, but first the charts.

 ES stayed in the closing range of yesterday all night until the European open, I'll tell you why and continues higher, again I'll tell you why, the negative divegrence here needs to be watch, not because it's in ES, but gold and oil as well.

 Crude Fell hard, again I'll get to the reasons, but agains it is the divergence here that needs to be watched.

And gold as a flight to safety fell significantly. again, another divergence that needs to be watched, things are very fluid right now and the first thing to do is make sure we're not caught in a temporary trap.