DAX

S&P Futures - FIRST TARGET 4034 WEEKLY RANGE PROJECTION!

Rates should really start to come off hard from here

We are looking for 2.82% later this week to start..

GOOGL set to complete the DeMARK 13 Sequential

AUDJPY 13 Sequential and Combo today...

The gist is today we are looking to get even bigger in the long bonds position. I am going to start buying AAPL and GOOGL into weakness once the 13 completes below the line outlined above. These will be small starter positions but if we bottomed late last month, we should see an epic rally in risk. My take is that the rally in bonds will be much more swift in the short term.

I know we have been mentioning the energy short, but this refuses to go down. We are currently sitting at 118 crude when we called for a top from 116. I am looking to let this idea go because it seems too technical in nature with fundamental backwinds clearly starting to take precedent. If we don't see a reaction today to the downside, I will be flat energy shorts.

Petr