Today it will be all about the Spu/Bond spread.

133.19 is the March 09 high we broke from in the 30 year Bonds.

The bonds are getting overbought. ( buying strength here is not a great idea)

I like the bonds but they’re a trade up here if you have not been in.

Closes above that level will give much higher tgt’s.

The spu is not imploding so watch your short term levels and pay attention to the interaction of the spread.