Spu’s..(Sept) 2154.75 is the weekly ORL & breakdown #.
Nasd 100…(Sept) 4749.50 is the weekly ORL & breakdown # with 4739.50
the bounce level. Closes below this # is needed for a further profit taking.
The way in which the U.S. Indices stalled out yesterday now leaves the door open for a corrective decline I’ve been expecting for 8 weeks.
I would not look to buy 30 Yr. treasuries for another 3 full points.
World Bond markets sold off yesterday and are following through today.
The U.S. 30 retested the weekly reversal # & qtrly matrix level in early Asian trade only to fail. This work places me in sell the rally mode against the level until proven wrong.
Time Frame Trading
