A.M. Look 4/12/21

Reality check;

Spoo is up 148.50 points on the qtr.
Nasd up 711.25
Dow up 819

Keep picking highs because it can’t go any higher.

Right you are!

Volume is ultra light and the Bulls are in control until they are not.

Be patient and trade the flows. The longer a market stays lethargic the higher the squeeze up.

Oil has been consolidating and the path of least resistance appears up.

30 Yr. Yield has spent the past 4 weeks in a sideways pattern catching up to its Imoku momentum line.

Crypto climbs it’s wall of worry as more Central look to the E-Yuan for a template.

 

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