Daily Market Intelligence 4/1/21

Short sheet tonight.

Qtr end here and year end in Japan.

Tonight starts a new capital flow.

This is an abbreviated week.
NYSE is closed Friday but Globex is open for Payrolls.

Equity traders will need to place their bets tomorrow.

The game is still the yield curve.

When the 30 yr. Bonds gave up their rally Nasd saw profit taking.

Gold appears to have rallied to nowhere, but the low is interesting from a charting perspective.

Spoo hit the first short target in the low 3980’s.

3962.50 is the reversal # on the 25X3
3937.50 is the reversal # on the 50X3

Opening range traders should track both the Globex opening and tomorrow’s NYSE-CME Pit open.

 

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