A.M. Look 5/4/24

A big thanks to the room this week for knocking the cover off the ball.

When volatility is up they shine whether it was in the indices or single names.

Yen is going to have difficulty closing the week under 152, which be to the BOJ’s liking.

Indices…waiting for the 30 Yr. Bond action after the #. We’re into the top of the gap.

A 116.00 print puts in a stabilizing reversal on the long-term Point & Figure

The levels have not changed.

We’ve been all over it this week and I don’t wish to play press your luck.

After capturing most of the 3-100 point swings in the Spoos it’s time to back off and let the market speak.

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