Since late Thursday the Spoo rally has extended 160 points with out pressure relief.
Matrix to Matrix.
Spoo/Bond is close to its 200 DMA, which is no small thing.
Spoo could reject right here or rip to either side of 4K.
That would certainly scare the most amount of participants who have puked or now in full on FOMO.
You can see the level on the 50X3 cloud.
It’s always ok to miss a swing. It is not ok to fade a swing in the middle of nowhere.
Matrix levels work!!
I am looking for some pressure relief before Tuesday with a strong qtr end finish.