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Flat trends, neutral momentum, historically quiet U.S. session, Mr Bernanke testimony; it all adds up to not really expecting too much from Tuesday trade, especially as the European markets are going into their close. This week's moves have come in two, 1 hour periods of trade, from the low liquidity Sunday/Monday moves.

Since then the global market drivers have held a flat 4 hour trend, and have maintained a neutral stance, mirroring the read in the currency market. In all, it adds up to a market that although looking bullish, seems to have hit a spot that liquidity is flat, and speculative interest is weak.