A.M. Look 2/15/23

Follow the short end of the curve day.

Late yesterday we went over the bigger picture in the Indices.

Bottom line is that the Spoos are winding up for a multi-hundred point move out of this area.

I’m favoring Selling the hard rallies until such time as we get a weekly close above the Matrix level and the JacksonHole High.

Gold is not low enough, although we are getting closer to a low risk bounce level that was mapped out in the room.

GoldinEuro is not quite there, nor is GoldinYen and there is no support close against the Yuan.

FYI…Peso is still rejecting its resistance matches with the Indices.

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