Month End with potential first of Month buying Mutual Fund Monday.
The first rally was a short lived Algos driven run triggered by the European debt rally.
The risk spreads were negative the initial rally.
Spreads went positive for the second wave up @ 9:30 CDT.
Index target were hit after Apple beat.
Apple is trading @ weekly cloud resistance.
Spoo/Bond is @ daily cloud resistance with Nasd/Bond @ weekly cloud and ORH level.
There will be no written research in the A.M.
The room wil be open early with Bruce in charge.
I will be available after London’s close.
Enjoy the brain trust podcast which will be fully rendered over the weekend.