Stocks...
March DAX & Euro Stoxx expire today. Look for continued strength.
Biotech lottery…the Bots take hold of these early.
If you’ve an interest in a name you need to be on it in the first few minutes of trade.
BSX… looks good against 17.10
Bonds …
Bonds…(M) 153.00 will continue to be pivotal in the June. Good above/profit taking below.
FX…
EURO… 106.40 is support. A close below 105.40 is needed for lower
GBP/JPY...is due for a bounce as long as it remains above 178.16.
AUD/USD…remains firm above 76.40.
DXEM…dollar index needs a close over 100.25 resistance for a new upside to begin.
Commodities…
OIL…April expires today. Look for continued weakness.
Brent... Closing under 52.50 should lead to another run toward the Jan low of 45.19.
General Comments or Valuable Insight
Long European equities will continue to be the feature going into the end of the qtr.
Profit taking in the dollar should be positive the U.S. multinationals.
Let the day unfold and do not chase anything.