The SPX 500 sits about 5 points higher than Fridays close. On the Sunday open, SPX 500 took a dip down to the 1,207 area, but has recouped its losses as of 8:30am EST. At 10:30am EST we have Draghi speaking, which will create major volatility. The EUR/USD is still holding above 1.30 and the AUD/USD is just below parity. If you’re going to trade during this volatile session consider today as two individual sessions because once Draghi starts speaking the morning sentiment means nothing.

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