All is right

NDX,trading above yesterdays Highs, as is SPX ,Futures still have some work to do to eclipse yesterdays best levels.Dollar trading lower for first time in 7 days,as A “leaked” report says that ECB updated economic projections might be a bit rosier then market anticipated( I am paraphrasing) Crude oil into yesterdays gap so a bit of Fuel from shorts covering as higher spoos=Higher oil. nvdia +6.5% NDX +3% all is right with the matrix again. Weak Dollar & Higher Nasdaq are a good starting point to see how the markets are trading on a intra day basis.

oil Curve today vs. 1 week ago the contango deepens,too much supply not enough demand> either way not painting a good picture for an economy that is rebounding or attempting too

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