The entire trade is reacting to levels off the Bonds and the Bund.. Pay attention to your big technical levels for market tells.. Remember… the game has been the spread ” long equities / Short Bond” 135.80 -136 is a … Continue reading
It looks like reality is setting in on this equity rally. The first chink in the Armour was AUD/JPY last night off the 80.00 level. That completed an 8 figure move off the last lows ( an average standard deviation … Continue reading
I think the Bund will be a better read for the remainder of the day for SPU/BOND or DAX/BUND.. 134.80 134.40…Charles TGT.! macro stops are below 134.20 You’ve seen the early price rejection off 1174 SPU… See how NYC opens … Continue reading
It’s full risk on today. We are looking to see how the first big break holds off these areas to go long the stock indices. The indices have had very big rallies since Sunday Nights lows. We are not chasing … Continue reading