Today's Action: Premarket as of 7:56 AM EDT

Market Overview

• Premarket Up
• BTC Up
• Gold Down
• WTI Down
• Brent Down
• Bonds(yield) Down
• Vix Up
• Canada GDP at 8:30 AM
• CB Consumer Confidence at 10 AM
• Powell testifies at 12:30 PM
• China imposes Hong Kong law
• Shell to write down up to $22 billion of assets
• Article: Nearly half the U.S. population is without a job, showing how far the labor recovery has to go

Flags from Monday

Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.