There was no market today here in the US, but the futures traded both last night and tonight. The Gold and the oil markets had most of the action with the report of a Putin and the Saudi’s having a deal, followed by the lack of any real information about how it would actually take place. After oil rallied from $44 to $46.53 and it came back down to its current price of $45.05 + .61. The gold has been in its current area around $1,326.90 +$3.7. A move through Friday’s high of $1,330.30 would take up into resistance around $1,340.
The index futures are doing nothing. Up a hair or down the same. Tuesday is supposed to be the official end of the summer, but I find it takes a day or two for everyone to actually get back in gear. Our positions look very favorable to me, but I will use the texting service for new trades or to issue stops under our longs…CAM
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