The Canadian dollar seems to be at an important support area with both a Gann angle and key chart level converging at current levels. The USD strength is hurting all major foreign currencies, however the Canadian dollar is up today.
WTI crude oil futures are up 5% today, after an initial dip after the inventory report. We would not be surprised at all to see crude oil head above $50 from here, possibly to $52.
The S&P 500 futures are down slightly today on light volume. We believe the S&P 500 is technically bullish and may head to at least 2210 before the end of the year.