Oil is up. It’s not something to chase. Last Wednesday’s hi was 65.53.

30 Yr. Treasuries require a 117.00 print to fill out the long term Point & Figure.

Sustained and closing price action over 119.00 is required for a trading range breakout.

Metals/FX spreads are all on the sunny side of their respective balance lines and mag averages.

I’ve been looking for a tradable low again in the metals.

I’m not sure if we see one more dump over Chinese New Year next week.

Wednesday rules apply.