HK_L61

ES - Daily / The Train Wreck Continues

CME_MINI:ES1!   S&P 500 E-mini Futures
50 SMA @ 4678

100 SMA @ 4576

200 SAM @ 4423

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Dip Buyers continue to look for a Relief Rally.

None has arrived.

The Selling is far too committed.

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Losing 4575 implies the 4550 better hold or it's going to turn
far worse for the Dippers.

TNX / TLT

New 10 YR Highs for Yield

TLT smoked to near our initial Target of 139 - a few ticks away.

134s then open for TLT on the run to the Extension, should Yields rise
through 1.912.

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The Es has some catching up to do with the NQ, as it is being dragged
down again - it may well exceed the 8.77% prior declines Lows @ 15152.

The Dow blew up as Banks are warning / missing - GSCO missed by
a mile.

China thought it might be wise to offer Powell some advice... that failed.

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Failures are everywhere, except for Crude Oil.

The ES has broken the speed downtrend line... just nasty.

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