S&P Futures are consolidating up against all-time highs this morning. Bulls are taking every opportunity to buy the failed dips, even on the mildest of pullbacks. That said, I am eyeing initial support here in the 2785 territory and secondary support down in the 2750’s.
Gold Futures topped out in Tuesday’s trading session and have begun to retract some of this recent advancement. Price is heading for initial support between 1314 and 1304 which I am hawking for possible long interest…
Crude Oil Futures are continuing to consolidate against 52-week high. I am watching for initial support down in the 62 area and secondary support at 60 should price begin to pull back.
Stocks on Watch
GROW has broken back up over 4.00 in yesterday’s trading session and looks like it has upside into the 4.5 area if bull can hold their ground after this morning’s bell.