Spoo’s got hit Friday on Jens Weidmann comments that ECB should start to taper.
Typically, indices see a lot of range trading into month end.
May Spoo made a wiggle down towards its Pit Gap and opened higher in the A.M.
We just saw the same price action last night.
Pit Gaps above and below.
Gold/Silver just went to a big screw zone on the life of the spread and bounced.
Gold is also getting a boost from crypto.
Put on your trading hats and keep them on into month end.
Sept Bonds had a big night. Matrix members should be using the sheets!!
30 & 10 Yr. Futures expiry.
It should be noted that the Spoo has not put in a new high against the 30 Yr. Yield since 2018, which was a lower high from
the January 2000.