A.M. Look 4/19/28

It’s an Amazon show.

Semi’s are soft with aluminum producer Alcoa up leading BHP, VALE & FCX firm.

Spu’s would require a 2696.50 print for a pressure relief reversal.
I have no interest in being short.

30 Yr. Bonds are weak keeping the risk spreads positive.

Oil..filled out the Long-term Point & Figure last night by printing 69.13.
It will take into next week to determine if Oil can sustain through the Fibs for higher prices.

Let the U.S. come in to assess the day.

Expect more sector rotation which should make the Index trade difficult.

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