The rally is getting very over extended now. Given the collapse in bond yields post Fed meeting I feel that the rally could be done in the next day or so. See what happens. I am mostly watching the JNK daily chart with the 15 day MA which I will show on the cross.
NYMO been making higher lows. Looking for a breakdown.
QQQ testing the 200day MA
VIX broke down and looks to be heading for the longer term support. Maybe reach it if not today then by the end of the week I would expect.
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