Bonds
Bonds haven’t done much in the last couple of days as they travel sideways. Again, the forecast is for higher prior to the next consolidation.
Crude Oil
CL slipped back today in what I think is a wave ‘(IV) of [C] of ii.’ The alternative is that the ‘[C] of ii’ is set and now very early in ‘iii’ down. We will see if CL follows the intraday cycle up into the end of the month.
Dollar Index
DX finally starting to stabilize but you can make a case that one more up/down sequence is required to enable a meaningful reversal.
Euro
The case for a reversal is a bit stronger in Euro though it does need to drop under 1.1096 for confirmation.
Gold
My comments from yesterday still stand in gold, that by looking at the daily line-on-close chart, you can make a case for a completed pattern but needs a drop under 2359.70 for initial confirmation of a reversal.
S&P 500 Futures
The S&P 500 just traveled sideways on Tuesday as they wait for Nvidia earnings after the bell on Wednesday. I’m assuming higher but we will see.