Midday Missive

The 30 Yr. Bonds are leading the parade with a double top @ 135.15 (H).
Spu’s (H)…need to sustain over 1852.50 for higher.
Think SPU/BONDS. The spread is running the world.
What’s absent from the early wiggle is the lack of interest in picking up any of the high beta tech names.
For now the board will be risk on through London’s close which is @ 11:30 CDT today. They rol their clocks over the weekend.
ABX…needs a close over 21.02 to go Long.
The early stock rotation has favored the Utilities and the Water ETF’s.
Natgas infrastructure names have caught a bid matching the low in the Natty futures.
Trade your time frames and capital flows the rest of the day.
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