We saw the algo unwind late Friday run by the Nasd high on
Election Day. That bounce went to the balance line.

The indices are caught waiting for Nvidia to save the rally on Wednesday.

Spoos will require weakness below the mid 5880’s to weaken or a 5925 print to signal a short-term low.

I’ve got the relief I was looking for on the Point & Figure.

Expect probes both ways in the Indices.

Gold held. 2555 is the new must hold level. Not interested in chasing without selling something against it.

Bonds are at into a last support level into 115.05. Below the move will gain downside momentum.

The technical model in the Indices is trying to change trend. This will take a couple of weeks to play out.

In the meantime I’m focused on the Long end of the curve for
clues.