Oil…The September (U) contract is rolling to Oct.(V) with volume 2/1 Oct.

With the September contract expiring Monday I’m looking for the Oil complex and related names to be strong

into Monday afternoon.

Sector rotation continues with the Equity Indices going nowhere.

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I thought I’d share this.

I received this from an Australian client last night who is a builder with a day job.

How are you ? Your work is great and I enjoy your emails every day.

Have you been watching the Olympics ? The Yanks are going well especially with Phelps and the Katy Ledecky.The Aussies  usually pull a few sailing medals late in the program. We got a gold and silver a couple of days ago.

The Packers should ready to go for another great year. Too bad the Chiefs will smoke em.

I have had a couple of great wins as a result of your matrix – long Nikkei short Yen about 3 weeks ago.

At present I am long corn and have been for a couple of days. Wheat also looks good.

I have a question about beans .Soybean Oil is very well bid whereas Soybean Meal and Soybeans are bobbling about.

Is strong Soybean Oil a precursor to a move up in the Soybeans.

Thanks mate

David