Mid-Week Shuffle
Looking for any sign that the technical model can turn.
Bond Futures across the entire curve are trading @ their respective 50 DMA’s.
Target is up a blistering 9% after earnings.
The great rotation continues.
Spoo & Nasd have put in pressure relief breaks on the PNF’s.
Spoo has come into the short-term avenges that have held for this recent leg of the rally.
Spoo/Bond is into its retrace support.
Spoo’s would need a print into 3087 ish for a reversal on the 50X3 possible signaling a bigger dip. Not looking for it..
Metals can’t get anything going.
VXX put in a bottoming pattern yesterday. it would take a close over 18.15 for this to signal more Risk Off.



