The Spu’s are hoping to get rescued by an Oil rally.

For Oil to put on a rally the Point & Figure shows it has to hold today’s low.

I have no idea which side of the market is more favorable so I’m watching.

Currently the Indices are above the key pivotal mvg averages. They will become more important as the day goes on.

NFLX…has to hold 122.40 close the rest of the week to avoid further profit taking.

CMG...is crushing the shorts. Sustained price action over 580 is needed for further follow through.

I will be writing December #’s until you see (H) March by the research.

Current Spreads..FuturesCanadian Dollar…0Aussie Dollar...-35 ticks

Swiss Franc...app +38 Ticks

Euro...+28 ticks

Kiwi…-40 Ticks

Currency Futures Expire Monday @ 9:15 CDT

The Dec contracts are the same as the cash quotes…no forwards.

Spu’s…H is app -8 points under Dec.

Nasd 100…app -6 points under Dec.