A.M. Look 7/13/21

30 yr. Yield…1.973 is the 200 DMA

Before you get all excited about about this inflation data there was a good article on Bloomberg
cautioning against reading anything into it.

If commodity inflation has been the result of China stockpiling Oil, Grains and various commodities why do our #’s matter?

Would the Fed raise rates, slow the economy, and  put people out of work for something imported.

Spoo’s are above it’s channel line on the 100X3. The last occurrence was March.

All trading must be done with tight risk parameters.

Think before you click!

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