A.M. Look 6/11/20

In times of trouble.

Swiss Bonds and Swiss Franc are today’s beneficiaries.

That’s a big mid-week shuffle high in the Spoo’s, one that I completely missed.

That’s the first sign of a potential trend change that will take another 2 weeks to play out.

Last night’s Spoo low was a 50% level that begets the question is that all there is?

AAPL @ 344 will be pivotal. This will be one piece to the puzzle.

A lot of directional froth has been relieved.

Sept. 30 Yr. Bond traded to where Angelo and I thought it could get to yesterday to match up with an Index low.

We shall see.

Waiting for New York

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