3 Amigos Update

The SPX/Gold Amigo is on the trail of the 38% Fib retrace destination.

spx/gold

The Long-term Interest Rates Amigo is still on the trail of a near-term rise (10yr looking better than 30yr) to the limiters.

ust/tnx

usb/tyx

yields

And the Yield Curve Amigo is still flattening.

yield curve

Bottom Line

All Amigos continue to ride toward their destinations.

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