A.M. Look 12/1/22

Pretty much everything looks to have come too far.

It took all night for a 25 point pressure relief break in the Spoos to unfold.

Be flexible and wait to see if the early buyers appear.

You’ll need a 4050 print on the 50X3, into the 200 DMA for a relief on the 50X3.

Gold has a potential double top into 1800.

Pay attention to the top and bottom chart.

Top is yield , which is coming into the bottom of the could “support”

Bottom chart is the 30 Yr. Futures which could go further.

Follow the Bonds!

This entry was posted in Archive. Bookmark the permalink.