Wow oil position fight it hard but I believe it will definitely play out. Right here we have a possibility to get a retracement back up from the quick sell off last week. Still looking for oil to settle below $72 and drift lower. I will see soon enough.
S&P
As said last week 1029/1030 should be heavy resistance I will be watching that area again this week to see if we break through or hit the wall.
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