Outlook 07/23

Week starts with Monday's BoJ Minutes, FOMC annoucement on Wednesday, U.S. GDP on Friday and U.S. earnings all week ahead. Market closed bearish on Friday so we could see a decent pullback within lower gap zone. Market also printed new highs Thursday's overnight, and remember that stats say overnight new highs have big chances to be tested at regular trading hours. So, we start the week in the middle of the current auction range (2452-2480) so we could both ahead of FOMC meeting.