Oil elected its weekly ORL sell stops last night.
Be attentive to the level!
5-30 Yield is still trying to print 682, the level it broke out from in March 2020.
Currently trading just below the half of life Fib, it will be a difficult place to trade.
Names; trade their own technicals and targets.
Copper put in a descent low.
Natty is coming down to retest a Pit gap @5.73-5.59
China conversation @ 8:30 CDT
I was talking to plywood supplier today from China
Container rates to Europe have dropped from
20,000 to 13,000 dollars in last few weeks.
This should help things.
Things we don’t hear.