The stock market was in the throes of a monster rally as this tutorial session got under way, with the Dow up more than 400 points and the E–Mini S&P inches from a target that could temporarily cap the rally. More important than all of this was a T-Bond selloff, the resolution of which may tell us whether the Western World is about to embark on a hyperinflationary course. We set a screen alert at a key downside target of the December T-Bond futures, there to await a result.
