Lots of politics on our plate for the week leading into hopeful
outcomes from world leaders at G20 Friday.
Spanish and Italian debt futures are in rally mode. (Risk On)
Oil put in a lower low by a few ticks and reversed. Can or will the Saudis cut production after chopping up Kashoggi?
I have strong doubts.
Spu’s would need to sustain above 2672 where the long-term P&F turns up for this to be anything more than another trading rally.
Spu/Bonds show some promise for a short covering rally.
Midcap is into resistance.
I will let the U.S. session trade for a bit before getting involved