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(M2) Correction Extends


Late Session Rebound


(M2) Corrective Cycle Remains In Play

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Equities and Bonds

  • US, EU Equities, as well as Govies continue to consolidate some of the FOMC sell off.
  • ESH2, just got lifted in over 15k cumulative volume..
  • Bund resistance moves down to 170.29, followed by 170.49.
  • The latter is not a technical level, but merely where the contract was trading pre FOMC.
  • Tnotes fell 1 point from 128.07 to 127.06+ yesterday, now trading at 127.22
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