A.M. Look 8/24/20

Break away gaps galore.

AAPL..499.47 is the low risk buy level.

Nasd 100…11,573.50

Spoo…3396.25

Any instrument on a retest of Friday’s high.

China joined the melt up

Dollar was mixed early before it just weakened into London.

Spoo/Bond has 10 figure to go to the upside.
We’ve seen this before over the years where the spread lags the Indices.

The Bonds are in park with the emergency brake on.
The spreads go higher with the Indices running the show.

Trade the Bull.
Buy when it looks the worst mid-week.

I will be in the Room today.
I will be writing a piece later in the day, which will be my last for a few days.

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