Spu’s…50X3 Point & Figure has yet to put in a reversal since the U.S. Election.

Spu’s...25X3 Point & Figure…visualizes the range it’s been in for the past couple of weeks.

Euro...it would take a couple of closes above 106.90 it’s 50 DMA to break out to the upside of it’s current range.

30 yr. Bonds…shows mvg avg resistance comes in @ 150.00-05.

Sustained and closing price action over this level is needed for another 1 point of short covering.

The good news is I have screens enabling me to sort out my year end work today.

Many Equity indices and in particular the U.S. Treasuries are trading unchanged for the past couple of weeks.

Many of the Banking ETF’s are trading at their near term mvg avg support matching the 30 yr. Bonds going into the final session of the year.

We’re trading at Risk ON/Risk Off pivotal levels, meaning those that believe we’re going into 2017 with a major Risk On Bias have to decide whether they stand pat ( they have enough exposure) or risk chasing assets next week.

That is the rub for today’s session which will be thin indeed.

I remain friendly to risk assets. It’s a matter of where.

With the Long Term Point & Figure still not having a retracement since the election,

I remain a patient Bull.

Now if Trump will just put a cast on his tweeting finger the markets will be easier to read.