This week we have a lot of charts so let's dive just right into it.
20yr Treasury looks like a classical Double Top which means higher Interest Rates and a stronger Dollar...
OIL looks overbought and complacent which makes it prone to a correction.
...same as the SPYDER
and the Institutional Money portfolio where the hot money is playing AAPL, GOOG, XOM, CAT...
The Momentum tells the same for the Spyder..
Oil seems topping...
the Tech sector could run another week.....
and now the PREC. METALS which see positive money flows.
...and also could find support be it in EUROS...
..or in Dollars
..or in Dollars
...but expect the correction to linger on a couple of more DAYS...
...also for Gold in Euros
...and for Gold in Commodities...
whereby Gold in Dollars could bottom right here....
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