So far this has been a big opening range trade in the Bonds..with the commensurate rally off the monthly moving avg’s in the SPU.

144.25 is the # needed to close below to think the 30 Yr. Bond upside is over and a longer term low is in the Stock Indices. The stocks could still rally into the low 1150’s and reverse.

Trade what you see, meaning it will be a highly technical day.

The Oil, Currencies and metal lows are good enough lows to hold for now .