Midday Missive 11/1/17

152.19 is today’s ball game for the 30 Yr. Futures.
This is today’s ORH level.

Sustained and closing price action above this level after FOMC
will destroy the Bond vigilantes.

XLE…69.00 +- a couple of ticks is the 50WMA.
Closing above this mvg avg resistance is Bullish

30 Yr. Bonds

XLE…

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