 Hello, good morning and welcome to today's products and focus, and very much the whole stock market is still reeling from yesterday's staunch Chinese sell-off where the circuit breakers were a hit and those markets dropped over 7% on the first trading day of the year. And that spilled over onto US and European equity markets where we saw almost a 400 point drop in the Dow. Now the Dow actually managed to recover slightly towards the end of the session, only down about 200 points, but it certainly put a lot of worry across traders' desktops when they're looking at their trading platforms that day. And if you have a look at the geopolitical impact of the Iran and Saudi Arabian kind of Cold War maybe slightly heating up there, there's many reasons why traders are kind of concerned about where the markets are going to go next. You're seeing very small candles first thing this morning kind of falling on from the rebound from yesterday. And when we have a look at the US 30 index, you'll get a chance to see that very pronounced where you have quite a big body of the candle, a long leg off the wick, and then just so far today very, very little movement. And I think kind of China and Iran and Saudi Arabia is very much still going to be the flavor of the day as traders are just kind of very much looking to see what happens next. Now the Chinese markets have still come off ever so slightly this morning, but it's not been a very pronounced big move there. And the rest of the technicals are going to be very important for a lot of these markets, especially for your dollar when we get a chance to look at that is that very, very important technical level. But what we're going to do now is have a look at the US 30 just to get things started. So what you can get a chance to see here is the long legged candle. The body is still quite big here, but we are off to session those with 16,936 being that potential support. CMC clients are currently 39% short on this market. So they're expecting the US 30 to come to come under renewed selling pressure. You can see from that daily candle today, we were already off the session lows and not a lot of confidence jumping to the upside there as well. Other technicals are of course relatively neutral. We did have a death cross on the moving averages there a number of sessions ago. And in fact, this would be three black crows, usually a negative technical signal, but we are quite far off the session lows there. So some traders will see that as a rejection of a move lower. But looking at today's candle already, you can get a bit of a flavour that there is selling interest, even as we push on to ever so slightly higher. Moving on to the UK 100, a similar candle pattern, still bouncing around that 21 period SMA. We are quite close to the session highs there. CMC clients are a little bit more bullish in this with a 56% long position, but that is down 29% from yesterday. So CMC clients were a lot more bullish yesterday. You can just see it there down 29, and that's by cash position. So we are actually in the middle of two ranges right now with 60, 52 being the potential support and 62, let's just say 6,300 being the potential resistance. Moving on to Japan, 225, very negative candle yesterday. Off the session lows, we were still trading below short-term potential resistance, that was book and support acting as potential resistance. And you can see today's candle is trying to break up higher, only then to get pushed right back down again. And that level of 18,427 seems to be particularly important. And the fact that we're trading below that just now and be so far off the session lows is looking a little bit negative for that Japan 225. The next potential support level is all the way down at 17172. So then to have a look at dollar yen, dollar yen advancing to the downside, we've managed to break through a couple of levels of potential support off the session lows with yesterday's candle. But kind of tellingly, we're already moving negative again this morning, a lot of volatility on dollar yen. We have been low towards 119. We have been that little bit higher, quite a little bit closer to 120. But that negativity is still falling on this morning. Other technicals, we're getting into oversold territory on the RSI and the slow stochastic. That's usually an early warning signal that there could be a little bit of a reversal, an early warning of the reversal. It's not come as of yet. We do also have that death cross on the moving averages as well. Moving on to crude oil West Texas, the trend is still being negative. Interestingly, crude gapped up yesterday, managing to get as high as 37 spot 44, the potential resistance, which was a broken support from back in August, only to get pushed back into the negative territory and to hug that 21 period SMA. We're following through with another negative candle this morning, next potential support, 34 spot 26, other technicals relatively neutral. Looking on to gold, gold's been trading between two ranges of 1087 and 1046. The each time it tries to push up higher, these candles seem to push it right back down again. So there certainly seems to be interest to push this back down. The fundamentals haven't really changed, dollars getting a little bit of strength and obviously there's more questions about interest rates. In fact, some Fed members have talked about three to five interest rates hikes in 2015 might be suitable. That's a big ask in this market if you ask me. But nevertheless, gold has had a positive day yesterday though off the session highs. It's moving higher this morning, but again off the session highs. The question is, I guess the technical aspect is it doesn't really get that bullish until we break through this potential support here and then $1,100. Then you've got a bit of a change round in the technical picture. So then moving on to Eurodollar and GBPUSD to finish things off, we mentioned before Eurodollar is at a very strategic technical level. Could be a descending triangle formation. It's touched this point here one spot zero weight multiple times since May last year. And I think this is going to be potentially significant. We haven't had a close below here and that's the important thing, not the break, but the close below here in a little while. Now interestingly enough, we did have a golden cross on the moving averages just a couple of sessions ago, but that did not follow through with any conviction and people should be watching one spot zero weight and change with a lot of interest so far today. So then looking at GBPUSD, very volatile candle similar to what we just saw on Eurodollar, our clients are actually 78% short on GBPUSD. They're also short on Eurodollar. So our clients bullish the USD against most of the other majors. And what we're seeing is not a continuation to the downside today. This is a real ugly candle to have to be so volatile on both sides of doji formation like this at the bottom of a downtrend. The market can't tell which way this wants to go, but one spot 4635 is the next potential support level and you've got a longer-term potential resistance at one spot 4951. Okay guys, that gives you a bit of an idea of what to expect. Why don't you guys join me again tomorrow to find out what happened next.