A.M. Look 6/16/22

World Bond vigilantes call Bullshit on the ECB and mega B.S. On Powell!

JGB’s jumped 29 bps.

Something is afoot with the Yen, although the crosses are into big support.

I need to see more.

Spoo/Bond does not like its 200DMA.

Kudos to Mortimer for picking the high of the day yesterday.

Oil/Natty…relationship charts matter. It 200 DMA stalled out the Oil.
No selling weakness

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