 Lynn put the cat amongst the pigeons with her view that interest rates in the US are not necessarily going to go up, but in fact she was even talking about interest rates reverting back to what they were before our December rate hike that we had, so completely against the rhetoric of the other Fed members Dudley and Lockhart who were giving more of a bullish view on interest rates. Some commentators even thinking that maybe an April rate hike was possible and Janet Yellen last night basically came out and said that's pretty much not going to happen and in fact she's even considering rolling things back because the world economy is still so unstable and slightly fragile, so that had a very negative effect on US dollar and helped to push US equity markets up to levels that they've not seen. I think maybe some of the highest levels in 2016 so far and when we have a look at the US 30 in a second you'll get a chance to go ahead and see that. There's other news as well from Bank of America. Bank of America clients are selling more equities at the moment than they are buying and we are hearing that there's more volatility related ETFs are becoming even increasingly popular right now usually as a hedge against the markets kind of really selling off. So these volatility ETFs they stand to pay out of course there's lots of volatility in the market so it seems to be that retail investors anyway they're not really believing in the strength of this current rally but typically what you might see in situations like this is it's a slow grind higher as all world powers try and help prop up the economy and you might end up waiting quite a long time for that period of volatility but it all depends on the macro data and that's pretty much what they said in regards to US interest rates as well. If the macro data is good then we can talk if the US macro data ends up being quite meddling then they're all options on the table basically. So that gives you an idea about the current fundamentals let's look at things from a technical perspective. So this is where we are with US 30 you can see we had a big turnaround yesterday where it sold off and then pushed up that little bit higher this is now the highest level we have been in pretty much all of 2016 so far. Not that far away from 17979 which would be the next potential resistance level from back in November. CMC clients are pretty bearish at the moment 87% of CMC market clients are currently short and as ever all the technicals are massively overbought. We are seeing a little bit of divergence on the ultimate oscillator right there sometimes our early warning signal and you can see the solitocastic has been overbought for seems like forever. We still haven't gotten our negative crossover in the MACD yet because the histogram hasn't turned orange but we're getting very close. Moving on to the UK 100 it's not really doing a huge amount at the moment you can just see the bounce the beautiful bounce of the potential support level at 6070 that we had yesterday could be a double bottom. Failure to follow through that much rigor this morning potentially capped by that 21 period SMA. 55% of CMC market clients are currently short. Moving on to Japan 225 flatten the lining as well also laying around 16896 a hug in the 21 period SMA. Other technicals are relatively neutral. We do have slight divergence on the solitocastic which might be adding some negativity. Now you can see we're negative so far today. 54% of CMC markets clients are currently long. Pushing on with dollar yen. Dollar yen failed to break higher so obviously the US dollar lost a lot of energy yesterday after Yellen's comments it collapsed through that 21 period SMA. It's fallen through lower already this morning. 111 spot 61 could be the next potential support but really be looking at the tips of these candles down here closer to 111 full stop. That could be where you might be looking at as a potential support level. 73% of CMC market clients are currently long but after Yellen's comments last night well we'll just see what happens with the US macro data. If it comes out much better than expected you might see a little bit of a turnaround. Moving on to Cudwell West Texas it started to sell off. We did get a brief move above $40 to $40.85 only for then to drift a little bit lower. We seem to be bouncing around 37.60 which was this broken resistance now potentially acting as support and 21 period SMA could be adding short term support as well. CMC clients are particularly bearish. They're 68% short. We've got a sell signal and slow to cast taking the crossover on the MACD as well. If we do continue to see further sell off so you could be looking at $35.13 as the next potential support. Moving on to Gold and Gold got a massive shot in the army yesterday for obvious reasons but interestingly it's not followed through this morning. 21 period SMA might be adding potential resistance. 62% of CMC market clients are currently long. We could have a slightly sloping downwards trend here developing but it's kind of interesting when Yellen's saying that we might be rolling back interest rates in the US that we're not getting more of a punch higher. Now yesterday's move was great but it's not really setting the world on fire if I'm completely honest. Finishing up with Eurodollar and GBPUSD so Eurodollar got a big push higher. It'd be good if we could break the cycle of lower highs. Again it's not followed through that much this morning but I had a great session yesterday. CMC clients think this might be the end of the move higher though. 74% of CMC market clients are currently short. Certainly the closer we get to one spot 1337 you might see some potential selling interest. In fact you're already seeing it right now by looking at the tip of this candle. The fact that it's already been pushed down a little bit lower. Today's close should be quite interesting and then finishing up with GBPUSD and it has had three advanced in days in a row. Actually had a great day there on Monday, pushed higher again yesterday and we're at the top end of the range so far this morning. We've got a little bit of time to go before we get to one spot 4565 but CMC clients are very bearish on cable with an 87 percent short position building. Let's finish up by having a quick look at the market calendar to see what other macro events are coming out. So far today you've got CCI in the Eurozone, CPI in Germany, ADP private payrolls and of course crude oil inventories because of course it's crude oil Wednesday. You've got employment claims in Germany, GDP in the UK, CPI in the Eurozone and employment claims because it's Thursday as well. Those are weekly figures and of course you've got non-farm payrolls on Friday. Friday's got lots of cool data, loads of PMI data from China, from Germany, the Eurozone, the UK and then you've got the unemployment rate for the Eurozone as well. Of course non-farm payrolls and then we finish up the week with the University of Michigan Incidentment Index and PMI ISM Manufacturing as well. So Friday shaping up to be a big day Wednesday and Thursday and Friday all looking pretty decent macro data-wise so should keep the markets pretty exciting. Well guys that's it from me, very good luck with your trading and join me again tomorrow to find out what happens next. Thank you very much and goodbye.