A.M. Look 5/28/26

The long end of the curve has rolled.

Sept. Bonds are front month.

I will require at least a 113.00 print in June 30 Yr. to modify my view. Gold is into it’s 200 DMA.

Gold has been sold on the spreads for the past 2 months as investors favor Equities.

A couple of closes under its 200 DMA. @ 4386.40 will lead to a test of the long term averages in the 3900’s.

Oil hit the $88 bounce level yesterday, a level put out by both David and me.

Risk spreads…Spoo/Bond show a potential double top as does the 150X3 Point & Figure.

The board needs to digest the past two months.

The next Matrix class will be 6/18/26.

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