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gldtimer

02/12/18 4:38 PM

#4565 RE: 77steel #4564

Market Had a Key Reversal Day on Friday.

Being down over 2% the market rose in the last hour and a half to finish up 1.5%. The downward candles had a huge suck up. Dust up 11% finished up 4%. Monday was a continuation day but upon a weaker USD which gave the bond bulls courage to actually bid up the 30 yr. even though the DOW was moving up 500 points!

All in all it was a perfect bygone goldilocks kind of day.

But as we all know goldilocks was eaten by the bond bears.