The story line takes time to develop. Technicals are always the leading indicator.
Yra has been positing the problematic dollar for quite a while.
Euro & Pound hit 4 decade hold levels last month. They were free exit zones for long dollar positions.
USD/JPY is still making up its mind with traders still pressing the yen crosses.
Spoo is a very technical lemming effect trade. It’s the gift that keeps on giving and the room is taking!
By holding 3825, Spoo can rally again.
It’s a trade!
30 Yr. has relieved its pressure with a reversal on the 32X3. There is room for another point higher.