AUD/NZD signaled Risk On yesterday.
The Index targets are on the sheets, and have been for months.
Spoo/Bond is back higher on the year.
Spoo..pit gap @ 3353.
50X3…shows all new weakness under 3332 would be needed to turn the ship.
Not a good idea to play for that!
Nasd 100 pit gap @ 9527.50.
Interesting tidbit on Bloomberg this A.M.
One writer is just waking up to the fact that the entire board has been one big carry trade; borrowing in Euro and purchasing U.S. positive yielding assets.
The flavor of the day is seen in the Risk spreads