A.M. Look 11/16/23

30 Yr. Bond momentum line is rising. 114.01 is today’s hold #.

Risk spreads have backed off a bit with 3890 Spoo/Bomd as big support.

You would’ve thought the indices would be weaker after NVDA & BABA price action.

The Russell, as we discussed just. before yesterday’s U.S. close , is the one to go after.

The year is rapidly winding down. Hit singles. Don’t look for homers.

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