A.M. Look 2/20/24

Mind the Pit gaps this A.M. for shorter -term traders.

30 Yr. Bonds traded into the double bottom level that elicited a 14 point rally in Oct of 2022.

Markets have memory. It a lousy place to be short even though the mid to low 116 ‘s are the place to look for a bounce, the 50 % of the life of Bond Futures.

Keep looking at a 5 minute chart, they great for the myopic.

Gold is into aa level vs FX where it can stall. Tomorrow is the game Gold and Bonds.

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