A.M. Observations

It's the bounce European style, hey, they have to have their day too.
Really, ES moved up right on the EU open...

 ES 1 min overnight...

But don't expect it to hold too long, just some good volatility...

Those are the 5 min charts I short.... ES 5 min

This is the jump in USD/JPY, not too impressive...

As for the other carry cross, the 5 min EUR/JPY, but even worse...

The 1 min overnight.

The Yen 5-15-30 are looking ready to move again, should be an interesting day