Spu/Bond is currently trading above the oscillator line that it broke from 2/2/18.
It’s a long day and one should expect a couple of different flows.
The noon Bond auction has the potential to change the flows.
AMZN…1498 is a potential double top level.
pay attention to how the indices respond to this #.
If the spread closes above the line I’d say mid-week low.
China internet names are today’s best performers.
Non correlated names.
Transports were bought on the rotation.