Grains are bid.
Copper is approaching its target and major Fib.
It’s on the sheet.
Platinum/Gold extends.
Four Republican Senators, led by Romney, seem to have had enough of Trump’s antics.
That would bode well for Biden to have a reasonable conversation with the Senate.
You’ve seen the headline that Mnuchin and Powell disagree, breaking the Spoo’s back to Thursday’s low @ 3544.
Expect more headline driven price over the next couple of weeks.
30 Yr. Bonds have rallied to 50 DMA matching the 5-30 @ its 50 DMA.
For me that says bounce in the Indices.
Spoo’s the next 8-10 points higher will be tough.
Op-Ex today = late day volatility in the Indices.
You’ll have an early show driven by London’s Capital flow and another after 2 CDT.
December Oil Expires today. The forward curve is mildly Bullish with storage nearing capacity again.
No clue. Watch the price action.