Higher bond yields and some spill over from Europe/Hong Kong benchmarks have weighed on e-minis ahead of the cash open, although contracts have recovered from lows:

• S&P 500 e-minis -0.16%
• DJIA e-minis -0.08%
• NASDAQ 100 e-minis -0.31%
• Bulls remain in technical control in the S&P 500 e-mini contract.
• Recent all-time highs confirmed a resumption of the primary uptrend and maintained the bullish price sequence of higher highs and higher lows.
• Moving average studies reinforce the bullish theme, highlighting a dominant uptrend.
• Sights are on 5,961.00, a Fibonacci projection.
• Conversely, the initial support zone is located at the 20- & 50-day EMAs (5,816.87/5,729.25 today).
• Earnings season accelerates this week, with just under 15% of the S&P 500 is set to report. Highlights include:
• Tues: General Electric, Lockheed Martin, Danaher
• Weds: Tesla, IBM, Thermo Fisher
• Thurs: Union Pacific, Honeywell
• Our full earnings calendar can be found here: https://mni.marketnews.com/48aJsx2