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.