Again I didn‘t trust S&P 500 buyers, and delivered to clients almost 10 ES short points in our channel. Sure we have data releases this week, but I‘d look at earnings and market reaction to them, there is quite some daily bullish positioning going on e.g. in AMD.The mixed signs I discussed in the weekend premium analysis, got their Monday resolution, and to illustrate the macroeconomic data and economic policies positioning going beyond equities for weeks on and on, I‘m featuring a yields chart, options data, and Bitcoin that had been bullish on (as regards the breakout of the long-lasting declining channel).
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