Equity futures are trading a bit higher but off their best levels of the morning:

ES +4;

NQ +3;

YM +26;

Crude is up about 1% at $68.15 while nat gas is unchanged at $3.92.

Gold also near the unchanged line at $924.

Ag commodities also higher while the dollar is down about half a percent at 80.675 and the EURO is almost back to 1.4.

Dr. Brett with some research on what happens when 20 day lows make a 20 day high- looks higher.

RSI (2) also calling for a bounce as it is at the 10 level on the SPX - also note the index closed at its lowest level since May 1 and below the SMA 50 for the first time since March 30.


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