We’ve been highlighting Spoo 5408.50 as a bounce zone in the room for the past two weeks.

Nasd/Bonds are approaching its 200 DMA matching the swing target of 18,500 in Nasd.

Spoo/Bonds shows room for much lower, app 150 Spoo Points

Both are places for oversold bounces.

Russell is close to it’s Matrix level.

I do not think this is the low. It’s just another level. for a rip your face off bounce.

Trade price and manage your risk. I could care less about Payrolls.

Bonds up = Gold up

This is a Pit gap higher in the 30 Yr. Futures, which is a do not chase area.

Let’s not forget the Yen which started this whole show. It’s not over and the upside in the Nikkei, as discussed in the room, was negated last week.