It’s the mid-week shuffle after a Full Moon and technical models in equity Indices world wide are turning up.
Currently the Spu’s & Nasd 100 are into some congestion as mentioned yesterday.
A wiggle back to yesterday’s highs and a hold will clear the way for more risk on.
Wednesday’s have been relatively slow until the EIA Oil storage #’s @ 9:30 CDT.
47.65 is support and daily momentum in the Oil.
A running of the 50.13 buy stops after inventories will keep the Spu’s firm.
Grains…
Beans act great after piercing their momentum level @ 10.48 yesterday and closing above.
