 Hi, good morning and welcome to the data products and focus and what most marketeers are looking at this morning is in regards to the G20 meeting that was just in Shanghai and very much no kind of concrete plans made out for global growth. A couple of eyeballs now looking at the ECB for what action they might take later on in the month of March because growth in that zone is so anemic and obviously the pound is still plumbing multi-year lows at the moment. Brit Exit is still very much at the forefront of everybody's minds and many traders looking at equity markets on the back of all this kind of uncertainty that's swirling around about now and of course we've got crude oil and we have a look at it from a technical perspective specifically West Texas crude. You can see there's kind of a doji formation that's been quite prevalent so if you're interested to see how things kind of transpire later on this week seems to be a little bit of a quiet start to the week but this is certainly a lot of uncertainty out there in the market. So without further ado let's go ahead and have a look at things from a technical perspective because that's maybe a little more exciting than the theme's first thing this morning okay. So let's go ahead and have a look at the US 30. So as discussed you can see here the US 30 managed to rally up much stronger there on Friday. Reverse back down actually closed lower by the end of the session pretty much bang on that 55 period SMA on the wrong side of 16,626 which could have been a potential resistance level as a tip from this candle right here can reverse back down. We're still good about away from that 21 period SMA. We do have a sales signal on the slow stochastic and the other technicals are relatively neutral but from a technical perspective not so good. 71% of CMC Marks clients are currently short. If we begin to see further downside you could be looking at the next potential support level being around that 21 period SMA. But interestingly that's also spoken below the 55 period. So then moving on to that UK 183% of CMC Marks clients currently short. That's a really good day there on Thursday. Then Friday was okay and then actually Monday we've kind of a reverse course. So actually the UK Mark is looking a little bit better than Germany and also the US as well maybe due to that that pound weakness that we've seen so much of in the last number of sessions. The other technicals still relatively neutral. We've almost got a crossover on the slow stochastic right there but 6070 being a potential resistance level which you fail to break and close and capitalize on. Moving then on to Japan 225 very negative signal this morning a proper reversal. The Chinese Shanghai Composite Index has come off quite a lot this morning as well. 62% of CMC Marks clients are currently short. At the G20 meeting they talked a lot about the Yen volatility and we'll actually have a look at dollar Yen in a second. So the value of the Japanese Yen the fact that's been increasing recently obviously adding a little bit more to that Japan 225 pain. But you know you can see we've come down from from December quite a lot and this is quite a negative candle to have close to this almost dodgy formation that you would have had. We're now trading below both the 21 and 55 period SMA. If we continue to see that downwards momentum you could be looking at a retracing back down to 14671 any turnaround and you're still looking at 16384 as a potential resistance. Moving on to Japan 225 again on Friday we had a big push up to the upside only for then to reverse course as uncertainty comes back into the game. Almost a bearish and gulfing pattern well is a bearish and gulfing pattern right now with 1111.61 being a potential support almost a double bottom that we've got right there in fact that is actually double bottom and we'll see how that goes but 69% of CMT markets clients are currently long. Moving on to Crudile West Texas and you can see the strength of that kind of dodgy formation long like a dodgy formation. You say that's a kind of a shooting star formation as well you can see there's been a failure to break above 31 and change for a little while. It managed to do that on Friday only then to sell off and trade below that 55 period SMA. You're still a good bit away from the other levels of potential resistance. Crudile managed to kind of build itself at a nice little bottom there almost a double bottom there $35 has been a longer term potential resistance. It's pretty flat this morning so it'll be interesting to see how it ends the start to the week if we begin to see it trail off you could be looking at that 21 period SMA is being kind of important otherwise if we begin to see another tick higher we just want to get above that 55 period SMA but this could be a reversal signal for Crudile and that'll give you a bit of an idea as to the fact that the bears are kind of trying to take back control. Going to get pushed up higher like this and then slam back down again and actually to end the day negative when it has been positive for most of it that usually is a negative signal but the fact that it's not followed through with any conviction this morning to move lower is maybe indication that the the bills aren't over yet. Moving on to gold and gold broke out of that symmetrical triangle formation between incredibly volatile one minute it smashes up then moves down you see along the candles today is already not any different so we'll see you just have to wait wait to see what happens next we could see that this sloping upwards trend line might be providing support certainly looks like that from the tip of that candle the tip of this candle right here but we are trading quite high above those moving averages other technicals are relatively neutral maybe you could argue that you're getting some kind of diversion I guess variance against the actual price here relative to this so that's when you've got the price kind of ticking up and then there's still stochastic moving a little bit lower that does show a little bit of change in the momentum of the off the trend so if this begins to kind of fail again you might get full through and then we have a quick look at your dollar the euros actually been getting tanked against the US dollar last couple of sessions it had been doing so so well only to give up all of this gains it's maybe looking like it could be trying to bounce off this potential trend line I think maybe that's just kind of lucky at the moment we are trading below the 55 period SMA we're miles away from 21 other technicals are relatively neutral quite a negative day that we had there on Friday bit of bounce this morning but it's not looking anything too special especially when you consider the strength of that move down there yesterday on Friday sorry 55% of CMT Marks clients are currently short and they're finishing up with GBP USD, poor old sterling getting not a lot of love right now longer-term potential support all the way down at one spot 35-09 again negative day there on Friday a little bit of a bounce high this morning but it just looks like it's a little bit of profit-taking to be honest with the Brit exit still swirling around and only just getting started there's undoubtedly going to be lots of uncertainty for for the sterling and the US dollar seems to be getting a little bit of momentum behind it 72% of CMT Marks clients are currently short well that's that's a technical analysis so let's have a quick look at what economic data is actually on the horizon and we don't have anything too exciting today you've got CPI from the Eurozone today tomorrow you've got some some PMI from China so German employment data PMI again from Germany from the Eurozone from the UK employment data from the Eurozone and then PMI from the US and then on Wednesday you've got ADP private payrolls of course you become quite close to non-farm payrolls the following this Friday coming and you've got your petroleum data and as well due later on in the session so now hopefully gives you a bit of an idea of what to expect to start your week very good luck with your trading and join me again tomorrow to find out what happened next thank you very much and goodbye