A.M. Look 1/31/24

Month end markings with FED today.

Google; the bounce zone is 139-143

MSFT…momentum is 403.25

Bonds put in the reversal on the 32X3 giving parameters to the recent range.
122.15 is the current short term resistance.

Risk spreads are vulnerable but it’s Wednesday on a month end.

Trade price.

Spoo; shorter term 4912.50, where it held last week, needs to be violated for further profit taking.

Longer-term the game is @ 4808. Only a weekly close below negates a bullish scenario.

Nasd has relieved its RSI’s.

Pay attention to the Pit gaps in the Indices!!!

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