Indices are in grind mode, where they sit all day and melt up without much price action.
This is the same type of price action Nasd saw in 2000.
I need to see a 5650 print today for the Spoo to begin to back off.
Don’t lose sight of the fact that this is the second 500 Pt rally without a breather in the past two years.
Direction either relieves pressure by going sideways or breaking in the case of a raging Bull.
I will not be looking to chase new highs.
30 Yr. bonds could see a point lower or two points higher.
This will be a game for the algos.