Crude went through the last stop level of 44.30. It is time to stand aside in crude as it has not been able to hold a rally and the technicals may not look like a buy tomorrow.
I still think it is ok to be short stock index put premium (put spreads) and long ten year note put premium. The futures trades in these two markets just haven't developed in the last few days. Maybe the Fed will help us out with that.
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