A.M. Look 6/14/16

Can the Equity Indices stabilize today?

The Bund (165.33) & Italian 10 Yr. into (140.25) are both at initial extremes.
Both need another 30 ticks for additional follow through.

Bund would need a close over 165.65
BTP  would need a close under 139.90

All this with front month 30 Yr. making new all time highs.

​It would take the U.S. Indices to rally higher on the day and close higher for a short term low. Tomorrow seems a better day for an extreme to be put in.

Let the day unfold​.

Something to ponder “What happened to all those delusional Blackrock commercials
telling everyone to buy Europe when the Dax was @ 12,000?”

Turn off the sound and watch the price.

Grains.. the overnight lows in both the Beans and Wheat need to hold for a bounce.

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