Pre-open:
Right on cue, overnight highs so far for ES were 1271 and for NQ 1901.25. Bonds are selling, giving support for equities, but oil is findind a bid on an approaching hurricane: link. It is tempered by a big drop in the Euro which is giving the dollar a bid.
Consumer confidence and new home sales at 10.
Watch the various 50 dma's if we make new lows: RUT 711, NDX 1874.70, COMP 2340.
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