S&P 500 Weekly
USDX Weekly 
Commodities and equities found support last week following declines during the prior consecutive four weeks. European indication of conditional support for Greece provided the bulk of the positive general sentiment, while bullish energy demand outlooks by the EIA, IEA and OPEC provided support for crude oil. However, all was not entirely bullish last week. China's actions on Fri to control inflation and asset bubbles skewed the markets lower; and, the API and EIA weekly petroleum data last week was not supportive.From a broad perspective, equities and commodities are a little on the oversold side, so more buying, or sideways trading will likely be seen in the holiday-shortened week ahead. Europe's ability to sell the world on it's efforts to solve the region's debt issues will determine sentiment, and will likely be the source of volatility near-term.