T-L-T, It's Dynomite

ZB and TLT look ready to pop. Recent high for ZB is 143, for TLT it is $119.27. Neither has exceeded their Friday high yet. TLT has gapped up, down and back up if the morning gain holds for 40 more minutes into the open.

WTI crude oil returned to $99 per barrel overnight. This has been a resistance area before. It's lights out for the global economy if crude oil rises as the economy sinks into recession.

Natural gas and the euro have been moving in lockstep, inversely correlated. U.S. natural gas hit a new 52-week high this morning following Gazprom cutting flows to Germany by 50 percent.

Equity indexes all look toppy.