I know I am being stubborn but the equity market can really use a rest before attempting higher later. And since I bring up being stubborn, crude oil would look better lower before attempting a bounce.
The Italian banks have been in the news and have been hit hard and the broader market has been dropping as well. A bounce may be due. The Italian government will likely put together some plan to restructure the banks fairly soon and the pattern and cycles support that view. [/am4show