Midday Missive

The Banks led by JPM like the lower Bond Futures, higher yields.

NXPI is currently showing an ORH pattern with big open interest @ 113 for next Friday.

I would not advise getting into the options although I would
look at taking a small long if it closes over 104.00 today.

Price action over 106.50 is needed for an upside breakout.

CQQQ is the Chinese Internet ETF. No options are available.
It’s one way to play for a tariff resolution.

Time frame trading the rest of the day.

Risk spreads are currently positive.

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