ES 1 Hour - High Arrived on Time / 100 -125 BIPs Hike

アップデート済

After yesterday's 8:30 Stop run (Missed the FIll for SELL) the retracement was exceedingly weak.

The Range expanded significantly with 3812 unable to Hold a Key Weekly Pivot.

3506 remains wide open on the Daily, breaking 3588 now becomes a very serious problem ahead
EPS.

There has been another VIX disconnect to Price as ROll Over began yesterday for M1.

PCC - entirely out of whack.

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The Fed Fund Futures is now pricing in a 250-275 now 86.9%.

cmegroup.com/trading/interest-rates/countdown-to-fomc.html

100 Bips minimum for the July FOMC, with 125 Bips Possible now.

I warned the FED would raise more than 75 weeks ago, IMHO the Futures back this up after a
Hot CPI.

BOA Reduces S&P Year end from 4500 to 3600.

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LOOK OUT BELOW

Bloomberg has now moved on to pimping Indirect Demand for USTs.... pathetic.

4 / 8 Week will fail again - treasurydirect.gov/instit/annceresult/press/press_auctionresults.htm

4% then 6% ahead, prepare for disloactions.

FED DRAINS $43 Billion