First currencies...
USD/JPY is about in line 1 min
EUR/USD is looking a bit parabolic and has some slight 3C weakness.
The Yen also has some slight weakness, but most currencies have only slight wekness.
The 5 min Yen chart seems to have been right all along, however we'd have no way of knowing why until this morning.
Euro 1 min has slight weakness on that last parabolic run
Euro 5 min is close to in line with slight weakness on the last run up
USD has some slight strength
USD 5 min also slight strength.
Stock Indes Futures
ES 1 min with a positive divergence turning ES up right at the European open, some weakness going in to the US open.
The ES 5 min chart is the kind of chart I'd play a 1-day weekly put on typically.
NQ 1 min also slightly weak
NQ 5 min the type I'd play a put on for a day's move
YG/Dow 1 min looks the best as it did in 3C yesterday
Still the 5 min is weak.
Gold and Oil
Crude 5 min looks to see some downside
Gold 5 min and gold seems to want to pullback a bit more as mentioned yesterday
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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