A.M. Look 5/18/18

Short-term traders…the only thing you can do today is get yourself into trouble.

Spu’s are 20 points either side of nowhere.

Midcap & Russell have been outperforming the S&P & Dow.

Price action has been compressing.

Late day U.S. Equity session will be run by Monthly Options expiration.

If I have something constructive to say I’ll put it out later.

Globex grain trade has been technically good for short term traders.
Corn held its 50 DMA last night.

Wheat retested cloud support.

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