A.M. Look 3/12/21

Spoo’s went to yesterday’s pit gap @3916.25-3919 March.
I still need to se it fill during the New York session.

Negative price action would have the Spoo open below the gap and not fill to the upside today.

Given the level the Nasd is gravitating back to, this is a low probability.

Dow/Bonds keep leading which is @ a new all time high.

Yield curves are running the show.

30 yr. Yield…2.374 is oscillator resistance. 2.455 is 200 WMA.

Yields are effecting FX.

GBPUSD is showing ORL.

Yuan is coming into an inflection level @ 6.5
A weakening Yuan is tough on commodities.

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