S&P E-mini Futures:
Down in yet more choppy trade.
Asia and Europe mixed.
Reuters: "United won't use police to remove overbooked passengers" -CEO
Someone needs a crash course in PR training.
Yet another quiet day except for NZD notably weaker. Slight strength in CHF & JPY.
We have a winner. 30s beat the rest of the curve above the April 7th swing point while 2s have the most work to do. That's a flattening yield curve.
WTI crude continuing its rally along with NG.
Gold closed above Friday's 1273.30 swing point but is slowing its ascent along with silver, while platinum, palladium, and copper are down.
SPX and NDX tested the 2340 and 5380 areas mentioned last Friday. Long XIV with a stop at 63.52.
The onus is on the bulls now for a rally above 2366.37 and 5442.71.
2322.25 and 5316.02 must hold for this scenario. If the rally fizzles, these are likely immediate targets.
Possible pre-holiday positive bias. (Markets closed on Good Friday.)