A.M. Look 4/10/25

It’s
unsurprising that new Index longs are stranded again buying these mid week rallies into the close. It’s now a matter of how this first retest lower holds.

As of this writing the overnight lows are into old resistance and must hold for higher.

Full Moon Sat. Can the technical model turn up?

Trade the flows today.

As an aside, Gasparino came out yesterday and said it was the Japanese who were selling treasuries.

Regardless of the seller it’s a barometer on Trump chaos.

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