Be patient in chasing this rally in the Indices out of the box.
Let it breathe.
Equity /Bond spreads have been going sideways for a few days
leading me to believe you could see a two way trade in the Indices with
at least one attempt lower.
Don’t get me wrong, I remain bullish the Indices and in particular the Nasd 100 as stated last Thursday.
Euro...needs sustained price action and a close over 106.50 to rally anywhere.
I’d like to sell the Bonds a little higher.
