The S&P 500 has taken the first step to break up from the triangle that formed over the last several days. This week is historically positive and will assume the market attempts to continue to grind yet higher.
Bonds should be preparing for a bounce but the scale of bounce is open to debate. I’m changing my primary view to a small bounce, perhaps for a month or two, before heading lower from which a more substantial bounce, either in price or time, can take place. Note: Weekly chart was not showing up, […]