The long end of the curve has rolled.
Sept. Bonds are front month.
I will require at least a 113.00 print in June 30 Yr. to modify my view. Gold is into it’s 200 DMA.
Gold has been sold on the spreads for the past 2 months as investors favor Equities.
A couple of closes under its 200 DMA. @ 4386.40 will lead to a test of the long term averages in the 3900’s.
Oil hit the $88 bounce level yesterday, a level put out by both David and me.
Risk spreads…Spoo/Bond show a potential double top as does the 150X3 Point & Figure.
The board needs to digest the past two months.
The next Matrix class will be 6/18/26.



