 It has been, even with Chinese New Year in the background, the market still had itself a very terminal start to the week with most global equity markets massively in the red there yesterday. The Dow dropped over 400 points at one point, the UK 100 down on 3% as well. It's pretty much a bloodbath in the markets and a lot of that has come from big concerns now in the finance sector. Deutsche Bank itself done about 11% yesterday, big issues about its prime debt, making sure they got enough money to service that debt until 2017, they came out with a statement with it yesterday. Deutsche Bank shares have actually done about 40% for the year so far and major financials right across the globe took a big hit yesterday and it had a horrible error of the credit crunch in 2007 around it where you have big massive banks really getting called into question. Now Deutsche Bank has had its issues before in the past where it said everything is absolutely fine, i.e. during the credit crunch and then a few weeks later it was ready to get a bailout. So there is big big big concerns at the moment right across that sector and that's leaking into almost all other global financial markets out there. Gold unsurprisingly is shooting up higher, the Japanese yen is jumping, but our good old friend Crude Oil is sticking around about $29 so it's finally managing to stabilize even when we're in the cusp of this massive amount of market volatility. So that gives you a bit of an idea as to common themes. It's all about the banking sector right now, you should keep an eye on all the major blue chip, bellwether, banking stocks. Deutsche Bank in Germany is an issue, you should have a look at some of the banks and Athens and Italy as well, they're getting absolutely smashed and obviously there's a fear about that kind of contagion out there. It doesn't take much for that sentiment just to change and all of a sudden there's a massive bank run. So I would be very concerned about a lot of the kind of financial, finance-related stocks and obviously yesterday we had in America Chesapeake Energy, the second biggest gas producer in America, rumours of bankruptcy and it's probably not going to be the only one with prices the way that they are just now, it's your price of down 40% before it got suspended yesterday so there's a lot of things just now that could possibly go wrong between the oil and gas sector and the finance sector so do take that into consideration while price swings perhaps not unexpected but for those brave traders out there it's an opportunity to potentially profit if you get on the right side of those moves. So that's the general fundamental themes, let's talk about the technicals and we'll go straight into the US 30 as ever. So as you can see there, actually off the session those, this was a 400-point drop, 57% of CMC Marcus clients are currently long, the other technicals are relatively neutral with the MACD histogram just getting lower, we've almost got a bearish crossover, to be honest the US 30 is okay, the UK 100 looks horrible, let's go ahead and have a look at that. So 90% of CMC Marcus clients are currently long, what I want to do here actually, I'm going to go into a weekly chart, see if we can find some other levels on here because it's because we've got such a strong commodity focus in the UK market, this is currently where we are, that's a much better support level to have a look at, because we've got so many commodities on our exchange because we've got so many mining stocks and oil and gas stocks, we're particularly vulnerable to these big moves, you can still see that we're fighting it, firmly in this potential downtrend, you've got the downwards trend line, the next potential support is at 5,600 and if we missed that then we could potentially be in a little bit of a pickle, but we're a little bit away from there just now, potentially a tweezer bottom right here, we're off the session those, 90% of CMC Marcus clients are currently long, we do have a negative crossover in the MACD, the other technicals are relatively neutral, so 5,600 is the next potential support, 5,768 is potential resistance. Moving on to Japan 225, again I'm going to stick this on a weekly chart because we've just got to find where those next potential levels are and there's a good bit away actually, this market got really badly smashed in the underlying today, you would take this level, this is a potential support level, I'm going to take this point down here, you maybe actually go, I think I'm going to take this one as a more appropriate level and jump back on to the daily charts, it's pretty ugly, it's just really really ugly, we're on the wrong side of potential support at 16,384, you can see there historically we have had breaks lower but we've not closed below this line, which comes all the way from back here, this does look like it could be a quite an interesting level to look at, but we're firmly on the wrong side of that at the moment, gapping a little bit lower this morning, we're off the session low, 63% of CMC Marcus clients are currently long, we've got a negative crossover on the MACD, if we do begin to see an acceleration to downside 14,671 and the Japanese finance minister is very concerned by the recent strength in the Japanese yen, they want the yen weak, so dollar yen should be a fantastic trade, the dollar should be increasing in value, the yen should be losing value but no, not in this current environment, so a lot of people probably feeling the pain on dollar yen, which we'll have a look at right now, and when you kind of scroll out you can just see the pain, we've actually been in the sideways moving market since December last year, not really doing a huge amount, this is a significant technical break and the only problem is from my perspective is you are miles away from the next potential support level, which is arguably here, I'm going to have a quick look on the weekly charts, oh it's so bad, you know you maybe take this, you could maybe take that, I think we will take that, yeah we're just miles away from everything else, yeah it could be a bit of a tough market at the moment, so let's go back on to the daily charts for a second, it's yeah if you're long dollar yen right now, it's kind of hard to find these reasons, but the volatility is huge, you can just see how we've already been so much lower, we're doing at 114 yen and it's pushed all the way back up again, the next potential support is going to be at 111 spot 61, potential resistance is 160, 66% of CMC Marcus clients are currently long and we are closer to that resistance than we are currently at the support, West Texas Crude as we discussed is kind of building a base around about 29 dollars, actually not much to talk about today, obviously it was down yesterday but small moves in comparison to what's done historically, CMC clients don't really know what to do at the moment, 52% are currently short, it's almost 50-50, other technicals are relatively neutral, could be a kind of descending triangle formation, building a base around about here, but we'll just see what happens, gold's been having a fantastic run, I've not seen a move like this in gold for so long, safe haven aspect, everything's going right for gold right now, safe haven and interest rate questions, interestingly one spot, 1,191 is potential resistance, try to break up above it, close below it yesterday, try to break it again today as currently trading below it, 60% of CMC Marcus clients are currently long, 11, 91 looks to be a pretty important level for anybody who's trading gold right now, finishing up with Eurodollar and GVPUSD, and Eurodollar, you can just see the tips of these candles, there is a reluctance by Eurodollar to break above right about 112, 40, so that's a level to keep your eye on, any potential retracement, 1 spot, 11, 05 is a potential support level to be aware of, moving on to GVPUSD, 85% of CMC Marcus clients are currently long, perhaps wishful thinking in this regard, we do see new building support at the 21 period SMA, 1 spot, 43, 52 is potential short-term support, it's not really that exciting, but the fact is that you've got the support and you've got the SMA could make it a kind of strategic level to be aware of, so if we have a quick look at the market calendar, let's talk about the economic data of which there is very little coming out, there's nothing much to talk about today, tomorrow you've got some Chinese data, industrial production, petroleum inventories, that's going to be a big one, and then on Thursday you've got unemployment claims, so there's actually not a huge amount of macro data releases, it's all just keep your eye on the finance stocks, keep your eye on oil and gas in America, keep your eye on the DAX, there's so much happening in the markets right now, just make sure you're well informed and you are trading with the simple stop losses in place as well. Well guys, very good luck with your trading, join me again tomorrow to find out what happens next, thank you very much and goodbye.