Bonds
Another week of little real movement in bonds last week. I still prefer lower over the next month or two but need ZB to spend time under 130^10 to get it started.
Crude Oil
Crude on track moving lower last week in wave I’m calling (B) of [B] of v in an ending diagonal (c) of [ii]. Might look for support to form early this week around 68.10.
Dollar Index
DX is finally starting to wake up after spending a month basing above 100.60. Bulls begin to feel better about a bounce or more with DX above 102.70.
Euro
Euro finally put in a decent push down for a possible double top. Euro is now resting on support at 1.0864 and just above the weekly 20 period EMA. Bears need under 1.0864 and the moving average to really cause bulls to give up. Will see if we can get a lower high this week or next.
Gold
Gold was down slightly last week but not in a really convincing fashion as it couldn’t drop under 2013.15. Prefer gold to eventually turn lower but need proof before being developing a short.
S&P 500
Very little can be said about the S&P 500 as it traded in the middle of the range last week with a bit above and below 4144. As much as I think DX waking up is probably detrimental to the equity indices, I can’t rule out another try at testing 4195 or filling the overhead gap at 4232 before reversing lower.
Bitcoin Futures
BTC starting to put some pressure on support at 26130 which is needed for bears to feel good about a wave (iv) bounce having been set.