A.M. Look 9/6/24

Follow the Bonds early. Yesterday they dragged the Indices higher, but as a stated repeatedly in the room, the rally was not to be believed in the Indices.

Currently Spoos, Bonds and Spoo/Bond all match for an exit level. Spoo at qtrly Pivot matching the bottom of the daily cloud.

Bonds double top on the 32X3 with Spoo/Bond at its 200 DMA. 30 yr. could wiggle to the next Matrix level with 126.23 being momentum on the qtrly charts. 4.017 Yield.

It should be volatile since we’re at an inflection point for another 80-100 point Spoo swing.

Pit charts are currently gapping below Pit gaps! Pay attention to the game!!!

This entry was posted in Archive. Bookmark the permalink.