Grains are bid.
Copper is approaching its target and major Fib.
It’s on the sheet.
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.