The Bond weakness is still not translating into an Equity Index sell off.

Both the Spu’s &  Nasd are holding.

This will be a late day game in the Indices to see if we can get the start of a much needed sell off.

30 Yr. Bonds…we got the move to the unemployment low.The Macro sell stops are under 131.04-130.31. Sustaining below, look for this to move a point at a time to the downside.

TBT…that equates to a test of 82 followed by an eventual long term move to 90.

Metals…follow the Bonds. Higher rates will keep pressure on the metals.

Gold…looking for a test of the last low around 1180.

Currencies…The rising rates will be Dollar positive in the short term.