Quiet session yesterday. Everyone watching yields — $US10Y, $US30Y — and inflation hedges like $GOLD.

Treasury stepped in, yields dipped, but they're already back at the same levels 2-3 days later. Market's not buying the inflation story from the government.

On $SPX, not much action. Still hasn't touched 7620. That's still my aggressive long level if we get there. Waiting clean.

$ES