The game is Long Equities/Short bonds…SPU/BONDS

AAPL needs under 443.75 to break. Even then, we would not look for anything more than a 432 print.

IBM & MOO… looking good. Tech and AG…

X..U.S. Steel looks good for a trade against today’s low.

Shorter time frame traders can buy the SSO with a stop against today’s low to see what you get. Remember…it is our view after a one way elevator for the past 6 weeks, this market needs a break. We haven’t had one.

This is why we have chosen to be Instrument specific with tight stops.

TLT… Use today’s low in the 30 Yr. Bonds as your guide…they are still range bound.