A.M. Look 7/8/21

Mid-Week Shuffle strikes back.

Spoo…4275 needed for a reversal on the 100X3
Looking at Spoo/Bond on a weekly the low is descent.

Spoo will need to bottom and rally to 4325 for a tradable low.

Nasd is into some initial support.

30 Yr. 165.07 is 200 DMA.

30 Yr. Yield is @ 50 Week MA

Gold…1831 is the 200 & 50 DMA cross @ a 50% retrace level

FX; Euro & Suisse against the rest of thew board.
Euro will need a 118.75 print to confirm strength.

Crypto…Etherium is into support. Bitcoin is vulnerable.

It’s going to b e a big trade today into tomorrow.

Bulls will have to show resolve and commit to all new buying.

Be patient.

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