We note here that Bonds are at a major inflection point and we have to wait to see a confirm decision of the next move, which seems to be only going higher, with that being said we need to look at our Weekly chat for the $SPX.
Note above in the above chart the similarities between the Nov 6 and June 16 high. Also on the Daily chart posted below the 6-7 day High – Low cycles are in play with a Daily 8 DT Osc OB and weekly DT 8 OSC being Bearish..Will we break the triple top and step on the gas or pull back we do not know . Stay tuned we will post updated in our Chat Room
Thanks
– IKE
