Mid-Week Shuffle with lots to focus on.
That focus is on the overall technical model.
Is this just another break to nowhere with a rally to follow?
So far this is just another normal corrective-contra trend mid-week move.
Spoo & Nasd/ Bond spreads are trading into their respective 10 day averages.
Russell/Bond is trading into its 200 DMA with a macro closing support # just below.
30 Yr. Pit Bond telegraphed yesterday’s late day move with an ORH pattern that followed through after 2 P.M. CDT.
Spoo…3056 print is needed for a reversal on the 50X3. Pit gap is 3043-50.50.
Still checking all the currency crosses; EUR/JPY had an ORL day matching up with a risk off board.
GoldinYuan want s to retest its 11/6 reversal low. (there is more room to rally)
GoldinEuros is doing the same swing.(there is less room to rally)