Line Changes:
> Raised angle of Stay Line
> all other lines are superfluous

Position Changes:
> None. Still short.

Order Changes:
> None…but ready

Comments:
> The Stay Line needs to be above the Trend Line at this point in time…

This week’s calendar may seem tame compared to last week’s but there are still some significant releases that can have an impact on price action, especially since we will have to wait until mid-week for the first major event risk. The U.K. inflation report should garner significant interest with rates near the central bank’s threshold. Consumption figures in the world’s largest economy and EZ GDP are also potential market movers that could have broader implications.

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