It was touch-and-go during Sunday’s trading, but the futures eventually got their act together and pushed themselves into the green.

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It’s a modest recovery, however. It would be nice if it was so easy to get away with such a small bounce, but it’s not usually that simple. At the moment, the 4 hour bar is a shooting star, but let’s face it, we’re deal with a pretty fine granularity here. I’d be a little more comfortable if we got up to that dashed line.

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Across the board the stock futures all look pretty much the same: weeks of lower lows and lower highs, with a puny bounce this morning.

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Like I said……….

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The key is that bonds keep crumbling. If they do, interest rates rise, and the market will start to realize it should absolutely freak out. Onward!

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