Pre Market 07:15 - Oil firm at $47, Dr Copper at 333: BTC Check and Bounce after $3000 drop

FTSE Futures point to a flat start relatively unchanged from yesterday's slight pullback of 0.5% mostly arising from ex dividends by the likes of PSN, IMB.The FTSE 250 gave back 1.2% again probably owing to ex div although the mid cap index drops the 8 EMA and is losing momentum. AIM All Share advanced 0.6% to revisit the high set on Tuesday.
As the US was closed for holidays, there was no action from across the pond so the VIX remains at 21 although the Euro VIX has dropped to near 20
Oil has slipped slightly to the $47 level but remains resolute in its breakout and bullish direction. Copper has paused at 333 after adding 10% this month at its highest levels since 2018. It is now entering a zone of considerably resistance so may pullback. Dr Copper is often touted as the health indicator of the market: the futures composite was below 200 in March and has now recovered to 333. Gold is hovering around the $1810 and lacks direction, likely building up energy for the next move: a sharp dip below $1800 and a bounce may signal a move higher.
BTC returned to its old form yesterday dropping over $3000 from $19300 to lows of $16200 before retaking 17,000. As I suggested yesterday, this was a check on its 21 EMA level which held and the crypto bounced: this suggests a bullish rebound as this level was bought (assuming it is not retested with failure)
Asia closed mixed awaiting the US half day trading today: as we are at month-end after a big run, there may be some turbulence ahead owing to profit taking and rebalancing
Sentiment is bullish but overbought and showing signs that mean reversion is likely