VIX kissed the trendline...as expected. Now I am waiting for the reversal - should be quit a show.
The corporate bonds chart below needs no lables...Clearly the market rally is diverging with the smart money in bonds...we need to watch these bonds early next week.
My scenario seems to be coming together nicely...Dow pushed out a minor high extension and maybe we can get a little more from the SPX...but otherwise the market is most likely nearly done.
Tuesday: Employment Report, Retail Sales
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Slightly Lower as Volatility Risks Increase
Mortgage rates were just sli...
58 minutes ago


