The Deal is On (for the moment)
Soap Opera goes into Expiration Mood. The Deal is On it seems. ES futures spiking up some 15 handles, gold off. Let us see who will get the last saying.
As the trader wrote on Friday, the Market is up for a bounce, as we have reached some good support levels, but it should be a rather short lived rally, as the Economy is in free fall mood, irrespective of Debt Ceiling hikes.