We’re all waiting for the ECB.
Earnings Calendar:
Earnings Before the Open: BBT, BK, CBSH, CHKP, GATX, HOMB, IIIN, JBHT, KCG, KEY, MTB, MTG, PPG, UNP, WBS
Earnings After the Close: ASB, AXP, IBM, PBCT, PFBC, SWKS
Other Key Events:
European Central Bank (ECB) rate decision at 7:45 AM ET/Statement 8:30 AM ET
Equity Indices are parked..the game remains in the earnings names.
Italian 10 yr’s have come all the way back to retest the ORH pattern and gap from December.
Bunds...are coming into an area where i would not be shorting.
30 Yr. Bonds..just completed a 50% retrace for this move coming into 151.00.
You need to see convincing price action and a close below this level for more downside.
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