Treasuries look to be bottoming out

Good Evening,

Key Takeaways

  • Thursday’s decline might be getting a bit stretched, but even short-term lows likely won’t materialize until early next week & should prove brief – Downtrend very much intact.
  • Treasury yields showing evidence of rolling over, i.e. Treasuries bottoming out this week.
  • Equity Put/call getting close to levels of importance, but still no capitulation.
SPX is now set to record one of the weakest weeks since January wit...

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