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Crude rally and USD surge both important for today

2 important moves to note this am-  WTI CRUDE stretching above highs of the past month, reaching the highest levels since early January, as Citi's higher forecast talking about effects of >90% OPEC enforcement of Output cuts likely not having been realized by market- US Dollar also pushing higher in a manner that suggests this recent pullback attempt could very well be complete-  Thus far Dollar rebound attempts have had little effect on commodities but increasingly hawkish rhetoric and/or stronger Eco data in the weeks ahead that lift the Dollar and Rates likely would have a much more detrimental effect, particularly on precious metals-   RE: Equities, S&P prices a few ticks under Friday's highs and while this looks to be a good area to sell into this move.. we'll need to see some evidence of earlier overnight lows being breached before expecting more meaningful acceleration. so 2349 initially important and then 2336-40 area-   2356.75 can serve as stops for shorts on an hourly close, as this would lift prices to 2360-2 and potentially up to 2375.. but upside at this point should prove limited given the start of more meaningful momentum waning and divergence of late in severe overbought territory with counter-trend SELLS on charts of many timeframes-  Advancing issues for this am: CLF, WMT, EYEG, GOGL, KINS, EXAS, EW, CEMP, GRFPN, MDLZ, while on downside : TRVN, DRYS, FCX, KHC, MNTA-   Let me know if you have any questions