Breakout Week
A number of issues are coming into a time of reckoning.
- Stock Market technical signs point to this being an important time. Early trading today point to a lower move starting, but everything is written in sand these days. A trade and close over 2761.2 if it would occur on the S&P would put that move on hold for now.
- Washington is heating up, this may be the week when we find out whether Mueller will make Trump’s problems stick.
- The FED will meet and increase rates.
- At our 9:00 AM reading, the 30yr – 2 yr yield curve reading made a new low for the period since the stock market high on 1/25.
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