Well, I’m delighted to see the double-digit lift on the ES last night has been smacked back down to naught. Keep an eye on 2035, which is the next support level we bears need to take out on the ES in order for our recovery to proceed to its next step.
The oil inventory report comes out at 7:30 a.m. PST, and I’d say 37.52 is the resistance level on the @CLK16 contract. Finally, there’s the Fed minutes at 11:00 a.m. PST, where they report whatever the old biddy wheezed out at the last meeting. BFD.
