Good morning STB!
Sort of getting overwhelmed by what all could go in this section of the post every morning. The protectionist, good for you stuff sounds great. Like letting the frog in the pot have as many flies he can eat. Our Trojan horse is a curse and a blessing. Call it humane sacrifice.
Good v Ivil
On to the lie -
Minis off 10. SPX left an island top yesterday. Took out the 50dma. Interesting numbers - 6750 the 100dma. 6600 to 6500, the last open gap and first real support. 6400 round number, 200dma and the first support diagonal I’ve drawn. 6200 38% retracement. UST10 explodes up over last three days reaching over 4.3. The IHnS target of 4.35 closing in. Matches well with needed relief they’ll impose if they can and over sold/bought situation. Yield above 200dma support now. Japan throwing serious monkey wrench. The real problem, EVERYONE is on the STB best trade selling treasuries and buying gold and silver. The dollar’s meaningful lifespan is waning. Bitcoin took out 50dma support yesterday, confirmed a sell signal and could be headed to sub 80k.
Have a good day.
GL and GB!
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