Spoo has completed its short swing and failed to fill its Pit Gap @ 3825.75 by 1.5 points.
When a market fails to fill a gap you need to close shorts or tighten risk.
It’s now about how high the rally goes before a fill.
We had a long discussion about European Bond markets vs.other asset classes and U.S. debt.
30 Yr. Bonds….still waiting for a signal.