With the chart of USDDKK looking like a mirror image of the US dollar index (broken out above its 2005 high), speculation is growing that Denmark may abandon its euro peg.
Listless ahead of January's jobs report. Looks like a bearish rising wedge forming over the past two days.
Aside from the Krone chatter, FX land is rather quiet.
10s again lead overnight Globex volume by a wide margin.
5s, 10s, and 30s are backing down in price to some interesting levels. If either one penetrates its respective Jan. 22nd lows, it would be a big red flag.
Crude is up 2% and could be setting up for at least a run to the $58 area in the next several days. NG plumbing new lows and starting to look interesting again.
Gold still lacks escape velocity. 1239 remains a significant level to me.
It appears that the market may have the 2064.62 swing point in its sights, or even possibly the 2069.44 78.6% Fib retracement level the way it's been hanging at these highs.
A/Ds were much improved yesterday, but negative divergence remains. Not by much, however. Volume is abysmal, but what's new in a rally.
The VIX is sitting exactly on its 20dma (16.85). Where it breaks from here could be the tell.