New month

My daily CCT registered a +34 reading during Friday's market action. That brings our total to +70 for the short term which is short term overbought at lower prices and may be a bearish divergence. That along with the powerful 30-Year bonds which just wont come down off of their lofty levels may be telling us something about this market.  However, we will see how this plays out as this is a new trading month and we will likely see money coming into this market for the next few days which could add to these overbought levels. Please tune into my morning advisory service for specific trade recommendations for today's market. If you would like to sign up for the advisory, please call the office at 330.484.0331.