The S&P 500 futures rallied on the cash market open through the morning to test first resistance at 4385.25. While under 4385.25, I can’t rule out a retest of the low or even a new low though on balance favor a choppy rise from here into late in the month.
Will see if ZB can form a higher low above 118^20 and push toward 120^14 next week.
Crude is working on a bounce in either wave II or the first step of II. Resist at 81.05, 81.60, and 82.30.