Does anyone else have Ringo’s NO NO song ringing in their ears this A.M.?
Spoos have gapped a gap lower and the only place I’m looking is the Matrix matches at the Qtrly momentum line for a hold for rip higher.
Below the door is open to the Jackson Hole Powell Pivot.
Bonds…Futures have broken out above is’s Qrtly momentum. Here I would follow the yellow brick road.
The wiggles will come off the spreads. Futures targets 125.00 with an eventual 133.
Yield..macro stops @ 3.906 with a 3.6 target.
The shorter term stuff Langer and I will get to in the room.