Adam warned us to watch the stocks and bonds to see if any panic was going to grip the market.
Treasuries have run back up above 2% to 2.0439% just shy of the 2.066% high
S&P is steady after coming off of support at 1634 and looking to tick higher.
I think the market is going to go about it’s business with one eye on the Nikkei open tonight.
If we get a reversal it could be as big as the fall. If it looks nervous and stays on the lows then we could see some panic entering and the index push lower.
Just another one of life’s waiting games I’m afraid.