- USA TRADERS THREAD -

Consumer confidence figures released tomorrow at 3pm uk, 10am et

A 4% gain is expected to follow Nov's 16% rebound after the -20% two-month decline (and two year low).
Rebound seems tied to the decline in gasoline prices rather than labour demand or strong economic growth.
Both components (confidence and sentiment) expected to show moderate gains after wild three month volatility.
Still influenced by the height of energy prices and concern about Winter heating expenses.

These may push us to support at 730 or back up to todays high again. Probably up though.