Oil still going up...Thanks to the Israel threats.  Whatever Israel needs to do to Iran's nuclear facilities has to be done before the end of next year.  An Obama White House would defn condemn this act...As per Street talks: Sell on the Rumors and Buy the Facts.  Thats exactly whatz been going on all day.  A further unstable Mid-East = Still Higher Oil prices.  Inflation further rising thanks to mega increases in Sugar and Silver.  Also, Dow as usual taking a beating and the SnP still fails to live upto expectations...No rally seem forthcoming anytime now.  Fundamentals are keeping the techicals in check.

A bright note, Bush's talks about a strong dollar policy may help the USD from faltering mcuh longer...But I've noticed a pattern that everytime the dude comes live on TV, the USD tanks as he's always full of bad news...Sell on the Rumors once again!!

BTW, emini, ever read the daily Gartman Report?  I subscribe to it through work and it gives a good overview of the total markets (oil, treasuries..not much of stocks)...Its ultra Right Wing but defn the report is something which helps on the fundamental side...It gives trading ideas for the day too.  It may be a lil expensive if an individual subscriber, so send me your email...Will forward you one everyday.