The Late Show

Risk Spreads are breaking down with potential ORL’s.
AAPL...166.94 is today’s ORL

30 Yr. Bonds printed their 200 DMA @ 153.07.
Bonds have been running the capital flows all A.M.

Sustained price action above the 200 DMA after FOMC will see
the Bonds up another 2 points where I intend on giving it a go on the short side.

Whether or not this is just another Equity check remains to be seen.

Nasd 100/Bonds

DJI/Bonds

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