A.M. Look 3/13/23

The Sunday price action was discussed late Friday in the room.

Being short equities over the weekend was a bad idea.

Now that everyone is slicing and dicing the ramifications of the SVB spillover the story will change for today.

Risk spreads were all trading @ their 200 DMA’s. WE got the bounce!

Now they are trading below.

If you haven’t taken the course you are about to lose a lot of money over the next couple of sesions because you will be using the wrong technicals and definitely looking at the wrong charts!!

I’ll be out all morning and back this afternoon.

All bonds have hit the initial upper levels of daily resistance.

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