Risk spreads are holding their respective short term moving averages.
Spu... 2907 is unchanged on the month.
50X3 Point & Figure would need a print just below 2900 for a downside reversal
DJI...25,964.8 is unchanged on the month.
Nasd 100...7674 is unchanged on the month.
Russell...1748 is unchanged on the month.
30 yr. Bond Futures…would need to sustain above last night’s high @ 141.03 to think the Indices are rolling over.
Oil...has a pattern for higher, however this same pattern says buying strength is a bad idea.
Oil can break before it rallies. Very short term hold level is 71.86
Yesterday I had orders to buy @ 7041.
I currently have no working orders.