Keep on your track shoes.
Yesterday’s low split my macro # sets for a big std deviation move back up.
Whether this move is just a trading rally or the ultimate low remains to be seen.
It will take into next weeks mid-week shuffle to confirm.
Such is the nature of technical models which are lagging indicators.
I’m a buyer of hard breaks today given the Euro failed @ 116 and the 30 Yr. Bonds failed
@ oscillator resistance.
The first 2 charts are SPU 50X3, which take 46 points to reverse.
there is a discrepancy with how the data is collated which CQG is attempting to remedy.
The lower chart is Nasd 100.
I’ll leave these up and running all day in the room