30 yr. Bonds…The (H) is putting in an ORL day.
I’m now of the opinion that the June 30 will eventually trade down to the 153-154 over the next few weeks.Sell any good rally. We never got a rally.
This is positive the Financials and the Dollar and negative the metals
EURO...108.12-107.55 is the screw zone for shorts the first time down.
USD/JPY..is finally starting to go.
USD/CHF….is the one to keep an eye on going into the end of the qtr. for a breakdown against the Dollar.
DAX…I have a 12,000 tgt.
I’m looking for DAX & Nikkei to outperform the U.S. into qtr end.
They tried the U.S. Indices to the downside early. The rest of the day will be a time frame trade.
The Indices are not the feature. It’s all about the sectors, which is the breakout in the Financials to the upside after the U.S. stress test results.
The Bond sell off is propelling the move.
