US futures are pointing to a softer start, extending losses from the previous session. Yet even with this pullback, US stocks remain near record highs. The CBOE volatility index, often referred to as the fear gauge, is ticking higher again, suggesting risk-off sentiment is creeping up. Attention is firmly on US earnings season, with investors looking for confirmation of the private sector recovery. Coca-Cola impressed in the previous session, but the big question is how tech will perform? Netflix kicks off big-tech earnings after the US close today. Earning could create the momentum need to push us towards TP3 after a retest of my trend line. If this pair continues to buy I'll wait on the retest of this zone to enter for a buy.
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