Bonds
ZB was down last week but is starting to slow which is consistent with the idea of a low forming in the 112^^30 to 111^21 area close to the channel harmonic.
Crude Oil
Crude had a rough week last week but I’m reluctant to pound the table for the wave (b) high being set while CL is above 79.70.
Dollar Index
DX had a good week last week and made it up to a Gann related ‘quantum’ of price movement at 106.25. I would think DX rests now for a bit before moving toward the next target of 108.35.
Euro
Euro put in a doji candle last week which is a indication of indecision. I’m assuming that there will be a minor retrace up before moving lower as a way to relieve the oversold conditions.
Gold
Gold looks to be on track for a consolidation to reset the overbought condition that can be seen in the extreme CCI reading. This consolidation can easily take several more weeks.
S&P 500
SPX certainly had a bad week last week giving up weeks of gain. That said, I am still reluctant to claim that the [b] wave high is set. Yes, I think the market is extremely overbought in the big picture but that doesn’t preclude becoming even more overbought in the short-term.
Bitcoin Futures
BTC leaned on 61660 but is bouncing up from it supporting my idea that there is unfinished business up around 77740 to 79310.