138.02 is the print you’re looking for in the 30 Yr. if the Spu’s can rally from here. Think SPU/BONDS for price action. Long Equities/Short Bonds.. 138.02 should provide a bounce in the 30 Yr. coupled with upside price rejection in the SPU when the Bonds print this #. Again this simply says “Equity Bulls don’t buy strength”

Have the metals blown off? The real question, is this break a short term reaction to equity strength or will we go back to strong metals correlating with a weakening Dollar?

Gold needs a close back over 1858 and Silver 42.50 to confirm any sell off low. Trade your technical levels.