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The Day Ahead: PM Edition 2020-10-20
Well bonds are not playing along with the plan so obviously the plan is off.
The Day Ahead: AM Edition 2020-10-20
Bonds have certainly been heavy this morning but I can't see being bearish.
First Look: 2020-10-20
S&P 500 futures bounced overnight in what so far looks like a corrective pattern.
Russell 2000 via (IWM) update
The theme from when I posted these remains the same from about a week ago. I just added the next steps up in the charts to keep an I on.
Russell 2000 ETF IWM 2017-09-24
The Russell 2000 is in a similar position as most of the other major indices. Probably in wave (iii) of [v] up from the 2009 low. This implies one more down/up move before any serious correction sets in.
Wheat, Corn and the ETN JJG
To my eye, grains are in an ending diagonal or wedge in the latter stages of its development. Let us start with the ETN JJG which I think has the same ending diagonal form as wheat and corn but where a wedge is easier to see.
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