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Monster Mash T-bill Smash 7/27/22

For the story behind that headline, see:

The Bond Rally That Fooled The Majority And Didn’t Help Dealers

Meanwhile, check out the dreaded Codpiece Pattern, on the hourly chart of the ES continuous 24 hour S&P fugutures. Truly frightening as the market awaits the pronouncement from of Lord Jaysus on Mt. Smellarat.

There are more criscrossing channels there than a basket weaving class. And anything that happens before the Jerome Lying Through His Teeth center ring show this afternoon is meaningless anyway.  I’m going to head out for the day. Wait till tomorrow!

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