xCF has been playing CO poorly lately, but the oQuatz will be favorable for the weekend, no matter how things finish today. If SPY can stay above 390 at the close, that would be positive. The recent negative xCF numbers don’t seem that important here.
The link is an article discussing the 10 year yield / couch potato situation. The case is questionable at best but it is interesting; and it makes enough sense that some players may be acting on it.
The five week pattern spanning Aug-Sep looks similar to the current one. There was a 12 week consolidation period before a new high was achieved. This area strikes me as more of a place to buy.
