A.M. Look 11/17/23

The board has been all about the long end of the curve.

A standard deviation in the 30 Yr. is 8-10 Futures points.

Close enough for me.

30 Yr.Yield could creep to 4.50 % from here. The fat of the move is over.

30 Yr. Bond print need3ed to confirm any high is now 113.00.

Gold has filled out it’s Point & Figure.

Late yesterday Long Gold (Long Bond short Crude), heating oil and gasoline all showed bounce for a trade in the Oil.

I’m not looking for a lot of follow through.

Don’t fight the flow on a Friday before a holiday week.

I seriously doubt you’ll see much back and fill before Tuesday’s Nvidia earnings.

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