The Golden Lounge

[gdl]

Seems the correction carried thru Monday and Tuesday.
Historically one of the biggest one day advances happen one day before Thanksgiving.

Sentiment levels still extremely bullish. Dollar will continue to rise and 10 year note starting to realize they are way behind the curve. I suspect the FED does not follow thru next year on pledge to scale back bond purchases. if they did the yields will spike overnight.
At 1.65 today. ONLY a break above 1.75 is needed to see a breakout move from there. Absolutely critical it stays this holiday BELOW 1.75 on 10 year.

Bitcoin the canary that stopped singing. No where near levels that determine it is dead.

I will play the odds fro pre-holiday rally before close today. Just a one day wonder.