S&P 500 futures fell overnight to test support at 3272.25 this morning.
The 182^15 resist is proving a little more formidable than I expected but not any real problem as long as this little retrace holds above 180^24.
Bonds have slipped under the first support of 181^24 this morning but I can’t be too bearish.
S&P 500 futures are starting the day testing the prior high from the 23rd of last month.
Bonds starting off with a minor corrective move to test support at 181^24.
S&P 500 futures are up but not near like NQ.
Strong day in bonds today which is in accord with the plan for higher into mid August.
Bonds on track for pushing up toward 182^18 and likely higher while above 181^30.
Bears came through overnight taking the S&P 500 futures down such that we will have a gap down this morning.
Bonds continue to be on track to push for 182^15 and likely higher.