Monday Morning Update

The S&P's are going to open lower but still look positive from late last week's strength. For now I like the market under 851 for another test of the recent 872 highs.

The dollar has more room to rebound from Friday's selloff. I think it can trade up to 8585 at least.

Crude looks bearish to me and I think it's a sale at 49.30.

Finally, Gold looks like it will trade back under 900 for a short term trade. If if bounces back to 913 I think it would be a good risk/reward sale.

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