Natgas is in play.
Look for rejection at the 4 day island top.
The long term qtly breaks out over 3.407
SMH tried to break out and failed.
The weekly breakout level is sustained and closing price action above 173.78.
Looking for targets in the names, you’ll need to look at a Log chart to get accurate targets.
30 Yr. Bonds will require under 120.25 or above 122.24 to go anywhere.
All Spoo point & Figures have relieved their overbought conditions on Friday matching the reversal and relief level @ 122 in the 30 Yr.
I spent a lot of time Wednesday laying out my view that the Spoo’s needed a Matrix retest and this would not occur until the 30 Yr. Printed 122.00