Crude Oil found some friends at last overnight with both Brent and WTI up around 2% each. Oil appears to have coat-tailed most other commodities higher, as part of a Clinton-led, broad based, risk asset rally.
As we head into voting day, the street has clearly and will continue to price in a Clinton victory. Although this is not a done deal by any means, the herd mentality should keep risk assets, including oil, bid in the Asian session today
This morning Brent is testing resistance at $45.50 a barrel with a break opening $46.50. WTI is testing $44.80 with a move back above $45.00 on the cards.