FINANCIAL MARKETS OVERVIEW FOR MONDAY: (6/5) There are a lot of big events for next week with ECB, the UK elections and we’re approaching FOMC on June 14; all of this may lead to congestion and profit-taking rather than acceleration as everything got unleashed on Friday and then will continue to finish on Sunday. We have to remember to chase markets on these report breakouts but too many years of whipsaw-action has given us too many war wounds. That means next week may be a bit congestive, spurring lot of range trading. .
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