The Week Ahead: 2020-07-12
I’m going to start the charts with my favorite chart at the moment which is the E-mini Nasdaq 100 futures monthly chart.
I’m going to start the charts with my favorite chart at the moment which is the E-mini Nasdaq 100 futures monthly chart.
Overall happy with the performance of bonds over the last few weeks as they stay on track working up for an eventual lower high.
Back by popular demand, my old nemesis, natural gas.
Bonds continue higher staying on plan for the rise in [C] of ii to set a lower high against the high in March.
Bonds traded in a relatively tight range last week holding just under the prior multi-month range.
Bonds stayed to plan last week with a nice move up that retraced the candle from the prior week.
Bonds dropped last week to test a deep retrace target at 171^22.
Another week of bonds trading sideways in the same range it has been stuck in for the past two months.
We have a holiday shortened week coming up this week. No posts on Monday but back to normal schedule Tuesday morning. Now onto the charts.
Another week of bonds trading in the range it has in for about two months now.