It has been a quiet start to the week for equity markets. The ASX 200 recovered early losses which prices were under pressure as some Australian states reimpose lockdown restrictions across hotspot areas. Its currently just -0.1% lower but back above 7300 as we head towards the close. The Nikkei 225 was under pressure from technology stocks as the Nasdaq underwhelmed on Friday. After finding support at 29k, prices remained mostly within Friday’s range but higher timeframe analysis suggests it is trying to revert to its longer-term bullish trend. US and European indices mostly flat ahead of the open which points towards an uneventful open.