Spu’s are trading into its pit gap. These next 10 points will be tough.
Short-term traders should be patient for small pullbacks.
Nasdaq has been the feature.
With the spread once again knocking on the 20 Yr. all time high door, we’re still waiting for a breakout.
The daily chart shows the oscillators come in @ approximately the 1999 high.
This means you still need a couple of closes over to confirm a breakout.
Commodity currencies have led the dollar profit taking bottoming last week.
Euro has room to 118.22.
Bond Futures have rolled to September. Be mindful of the spreads.
Nasd 100 Bond…Qtrly
Nasd 100 Bond...daily