Bonds
Nice move down today as ZB is on plan to make a minor new low to complete c of (b) over the next few days.
Crude Oil
CL slipped back a bit today after an early morning high just under the 83.80 target. I’m inclined to give bulls the benefit of the doubt while CL is above 82.40.
Dollar Index
So far DX is holding a shallow retrace target at 105.57. There is a possible cycle inflection now and another just after the FOMC meeting.
Euro
It looks like Euro will at least bounce to 1.0746 but I’m starting to worry that the low this month was a [B] wave low and now working on a [C] of ii up. This alternate that I labeled on the daily chart would allow the RSI to climb up out of an oversold condition.
Gold
GC is at or near a wave [IV] low. I admit to being indecisive as I can argue for both sides of the issue. That 2314.00 is holding as support as well as the daily moving averages argues that the current low is good enough. On the other hand, looking at the intraday chart, the bounce to 2346.70 could have been a low degree fourth in a (C) of [IV] and thus need one more minor low. Net, late to sell but might be a little aggressive to buy prior to either another swing low or a push up above 2346.70 or better yet 2361.15.