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First Look: 2021-01-12
Little change in S&P 500 futures overnight as they stayed in the sideways range from yesterday.
The Day Ahead: PM Edition 2021-01-11
Bonds briefly tried to bounce today but couldn't overcome 168^31 but instead pushing lower away from it.
The Day Ahead: AM Edition 2021-01-11
Bonds are near short term support at 168^00 and a cycle inflection.
British Pound Futures Update 2019-12-10
Cable has been climbing since early September which was consistent with my prior count of a wave (iv) bounce but in October that count started to have problems with overlap. I think the follow EW count looks better and is at an interesting point. Here I am treating the low this year as a (b) wave and expecting a (c) wave advance for wave [iv]. You can plainly see a five wave move up from the low has taken place and now against resistance at 1.3231. At a minimum, bulls should manage, bears can begin to take a position though lower risk, but worse trade location, if they wait for a drop under 1.3028.
The Week Ahead 2019-12-08
159^24 continues to hold as overhead resist in bonds but we have yet to see them really drop away. Doubt there is much movement till after the FOMC meeting this week. I'd really like to see a test of at least 152^25 in February or March of next year.
Japanese Yen via ETF FXY 2019-12-04
Yen has dropped steadily from the wave (e) of a triangle target of 90.41. So far, no complaints as...
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