Last week, all equity indexes get closer to all time high. With two weeks' strong upside movement in major indexes, we could see some consolidation this week. I predict S&P 500 can have the range between 2075-2080 to 2010-2020. Since it's still in uptrend, so dip buying is still a good strategy.
For interest rate, we see overnight bonds sale off sharpely, with 30 year bond future is almost 1 point below Friday's close price. It's the same as equity index, bonds sell off should also slow down this week, with some consolidation. It's ok to try long bond trades for quick flip.
It's good for swing trader this week in both equity index future and bond future, but not a good time for directional option trades only if you can be quick and nibble. For stocks, long trades are still fine since the uptrend can last a few months even indexes consolidate for a few weeks.
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