Overnight PMI reports continue to signal slowing growth, as commodity prices declined to the lowest levels since November 2010. The FOMC is now out of the way, and the “European Summit” looms at the end of the month. Futures are off a bit, and we can look to yesterday’s low as the first support area to see if this high level floor will hold, or if we will see a bit further downside action! 1346…
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