Enough Is Enough. Monthly Range Projections And Combo 13s Across The Board. Rates Heading South.

Big rally coming in stocks from here. We are seeing the Combo 13 complete off the 13 sequential risk levels with the Plurality back into oversold areas. I am using a tight stop on this week's low for the idea and now back up to a very long position.

Furthermore, we are back to the monthly TD Range Projection on the S&P. This is a huge level that we defended. Last month we rallied nearly 400 points off the monthly projection low.

US 10-year COMPLETED THE 13 COMBO and is flipping lower. Rates are going to head south from here in our view.

Monthly 9 is still very much in play. We have not seen a 9 sell off a TDST level like this since 2013 where rates fell almost 200 basis points.

Yen is coming off weekly risk levels. I have never seen a better risk-reward to short USDJPY in a very long, long time.

XLE double monthly 9 sell with daily and weekly exhaustion. Energy has a long way to go lower.

I'm also going to try a basket of China stocks here because the relative strength has been quite remarkable and we qualified TDST upside breaks.

We expect the next upswing from here across risk.