Fed Minutes Day

The algos got going from the start, this morning. VIX pummeling turned what looked like a soft opening into new highs. Lots of volatility, as is typical of Fed minutes days. Trade safe… UPDATE:  1:30 PM The minutes are due out in 30-min or so.  The algos have done their job, preparing the “market” for … continue reading →

Update on Bonds

Just a quick note regarding the 10-yr… Still a lot of upside from a harmonic standpoint, with the .886 at 127’205 looking nice and juicy now that the falling channel purple is safely in the rear view. Note the nice support on the 60-min chart that suggests another strong upside move is in the offing. … continue reading →