The BoJ took no new actions to further cut interest rates although at Kuroda’ press conference, he suggested that more action could come but more economic review is needed.  Corporate earnings continue to come in mixed, giving neither the bulls or bears any reason to move the ES outside of its 2-week 50/70s range.  It is natural for markets to consolidate after a big move and the ES moved up around 9% in the first half of July, but it would be nice to get a more price movement again.  Plenty of data this morning including GDP numbers, Chicago PMI, and Consumer Sentiment so maybe, just maybe volatility will increase.  Size bias is short on light volume into the 8:30am GDP numbers.