Bonds
ZB staying on plan so far as it dropped to test the late December low last week. Prefer we see a new swing low under the December low before much of a bounce. Next major timing for a more significant low is around early June.
Crude Oil
CL tested resist at 80.65 yet again last week before drifting lower. I favor a press down from the nearly three months of sideways consolidation to a new swing low over the next several months.
Dollar Index
DX took a quick dip to test support at 102.50 before recovering and advancing for the week. Looks pretty bullish over the next month or so and may even accelerate after that.
Euro
Euro tested prior support now resist at 1.0796 before pushing down toward 1.0595 which is the next hurdle for bears to clear. I would like to see a break under 1.0595 before much of a bounce.
Gold
Happy to see gold pressing down against 1845.30. Prefer a bit lower but might get a bounce in a week or two. Next little step down at 1801.40.
S&P 500
SPX failed to poke a new last week and ended up lower on the week. While I certainly would like wave [b] to be complete, bears need SPX back under 4030 before getting overly excited.
Bitcoin Futures
BTC recovered the drop from the prior week and made a push for next resistance at 25760. If the low late last year was of the ‘b’ wave type, the rise in a five since then works as a ‘c’ wave of a fourth.