US equities remain moderately choppy in the sp'2020s, with VIX 15s. USD is +0.1% in the DXY 96.10s. Metals are mixed, Gold +$1, with Silver -0.2%. Oil remains broadly weak, -1.5% in the $38s.
sp'60min
UUP, weekly
Summary
*a notable strong week for the USD, with the Euro looking very vulnerable to imploding this summer, but more on that later.
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With 3 hours left of the trading week.. price action remains highly inclined to be increasingly subdued, and that will favour the bulls.
There seems fair chance of a bounce to the 2040s next Mon/Tuesday, and would appear to be a very good short level indeed.
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notable weakness, BA, daily
The big issue is whether the low of $102 will be taken out, if so... next level is not until 75/74.
Do the math for the Dow/sp'500... Hmmmm
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back at 2pm :)