30 Yr. Bonds require a 120.08 print for Friday to be a tradable low. Watch the spreads for market tone. Spoo/Russell is coming into the FOMC hold level. Oil either holds right in here or is vulnerable to a move … Continue reading →

The targets are on the sheet. Bonds are deciding whether or not to take another leg lower. Russell has led the past two sessions. Looking at the maps I’d look for the Spoos to start leading again. Bitcoin is up … Continue reading →

Yen and the Nikkei are getting interesting. I just calculated the full potential swing count in the Nikkei over the ATH Matrix #. It’s an enormous swing that can play out over years. So far the Nikkei has been strengthening … Continue reading →

Indices are shaking off last nights Bond weakness. P&F shows sustained price action below 120.08, more importantly the matrix #, is need for further weakness. Risk spreads are positive. Let the day set up

Bonds require a 121.00 print for a reversal on the long term point & figure. Current yield charts show the 10’s @ its 200 DMA, 2’s into cloud and mag avg resistance. 2-10 so far held iis 50 DMA. 2-30 … Continue reading →

You’ll likely see one attempt at back and fill. Other than that watch the Pit gaps and how they trade. Spoo/Bond is at momentum resistance. No buying initial strength.

So far the Wednesday lows look pretty good. Russell stopped at a perfect spot. The question is where the rallies run out of steam today. Will we see a Thursday high and a resumption of profit taking? 4872.50 is the … Continue reading →

Month end markings with FED today. Google; the bounce zone is 139-143 MSFT…momentum is 403.25 Bonds put in the reversal on the 32X3 giving parameters to the recent range. 122.15 is the current short term resistance. Risk spreads are vulnerable … Continue reading →

Follow the long end of the curve. Today the 30 is gapping up into resistance. This is a do not chase. Look for some back and fill which should = a small pullback in the Indices. Yesterday we spent a … Continue reading →