Equity /Bond spreads are not acting well.
The downside pattern follow through is continuing despite AAPL
Two observations about the Treasuries.
First its the beginning of a new Month and the mindless think they can fade ECB bond buying. Good Luck.
Second the Spu/Bonds and Bonds say Risk Off.
Good Luck!
OXY…no love..keep working the Stop On Close.
I’m a buyer of Spu’s @ 2428 if and when they get there.
NVDA…will look to re-enter @ 154 ish, which is the 50 DMA with a Fib and cloud match.