It seems to me that interest rates are probably reaching a short-term high (and, therefore, resulting in forthcoming bond strength). Here are rates for ten-year notes (which, strangely, come across the data feed at time times their value; 22.00 is really 2.2, for instance)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Breaking Glass
SPX made the targets I gave on Friday morning and on the SPX daily chart the highest target was a test from below of the daily middle bollinger band. That is a natural resistance level and the question this morning is whether equities go higher. SPX daily chart: