Interest rates are testing double top resistance
With TNX at 17.23 (1.72% yield on the 10 year treasurys)
edit: that would be friday's quote on TNX, as the bond market is closed tody
DAILY chart
ps: banks like higher rates, and have broken out today (not on this chart)
Last edited by Al_Dente on Mon Oct 10, 2016 12:42 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
USdollar active.. new HOD mind last week's HOW.. DXY takes out 97.65 ish July highs.. look out for an explosive up move, mind the oils/gold.. could see sharp drop in both
fehro wrote:USdollar active.. new HOD mind last week's HOW.. DXY takes out 97.65 ish July highs.. look out for an explosive up move, mind the oils/gold.. could see sharp drop in both
intraday /DX is very overbought right now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro wrote:USdollar active.. new HOD mind last week's HOW.. DXY takes out 97.65 ish July highs.. look out for an explosive up move, mind the oils/gold.. could see sharp drop in both
intraday /DX is very overbought right now.
still going.. 96.94 nHOD again over bought can become even more overbought
Rut-row, ES kissed VWAP from blow twice now, since falling through (12:30 ish and 1:30 ish depending on your chart) looks like a ceiling on price for now.
Trades with cats wrote:US Dollar, once again the cleanest dirty shirt in the closet. Afterall US is in fourth place for debt apocalypse, so good place to hide for now.
yup Article 50 right before the French and German elections.. bye bye EURO.. once the GBP sterling bases out.. could become the cleaner shirt..
And speaking of the devil, whoops, I mean Goldman, why they think the Renminbi is looking for a 30% crash, by-by Chinese banking sector. I will give them credit, they are expert on dirty tricks (Goldman that is). http://www.zerohedge.com/news/2016-07-0 ... l-outflows
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possible failed 2nd rebound attempt. now let's see if bears can make 100% mm
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