DJI...26,616 is the all time high. yesterday the Dow hit its swing count.
Closing this week above the all time high will attract buyers into qtr. end.Oil…wants to elect the stops above 71.50 that have been building for ages.
69.60 is short term support.It would take a close under 67.50 to change the intermediate trend.
Risk spreads are all bullish. They are gaping up today reflecting the rollover to December Futures.
Euro is strong on the crosses. No reason to be short.
Copper miners have had a 5% rally dismissing trade trade tensions. |
