Personally I think this will be another take it in the Shorts moment for the Risk off crowd.
A likely scenario is the Indices hold the pattern. I’m not crazy about being short equities into month end.
The Nasd needs a close under 3668.50 & Spu’s under 1837.50 for ORL patterns.
Investors seem to be more comfortable buying treasuries than equities at these levels.
So I led off on some TLT. The risk is a close under 107.20.
Not the end of the world if I’m wrong.
