$DJI still rangebound, $VIX weakening again, Yields mixed
Good morning update.
The
DJI is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates.
The
SPX showing some strength & currently in small trend higher.
But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing.
VIX is weakening again.
RUT is still in a rut 😆
There's a lot of mixed data!
---------
#Yields 2yr & less are looking weak & trading under all short term avg's.
Longer term are looking better, normalization of curve?
Weekly shows huge selloff but RSI is stabilizing.
US #Dollar looking to take its current downtrend out.
DXY
That's it for now, ENJOY your day!!!
The
DJI is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates.The
SPX showing some strength & currently in small trend higher.But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing.
VIX is weakening again.RUT is still in a rut 😆 There's a lot of mixed data!
---------
#Yields 2yr & less are looking weak & trading under all short term avg's.
Longer term are looking better, normalization of curve?
Weekly shows huge selloff but RSI is stabilizing.
US #Dollar looking to take its current downtrend out.
DXYThat's it for now, ENJOY your day!!!
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