Today we celebrate America’s veterans. Please take the opportunity to thank a veteran in your life for their service and their sacrifice.
There are many organizations dedicated to helping veterans which rely on charitable donations for the good work they do. One of my favorites, the Michael J Novosel Foundation, was established to assist National Guard and reservists with the challenges of transitioning from service in Iraq and Afghanistan to civilian lives. Their info can be found here. Please give generously if you are able.
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Futures are off just enough to test a trend line from the Nov 6 lows. This is the 6th day in a row that ES has tagged its 2.618 Fib extension at 2076.93.
This follows a brief breakdown of important VIX support at the close on Friday which was, in retrospect, a head fake…
…and another failure (the 5th) by CL to retake its SMA200.
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