Chart of the Day

“Body is visible in a mirror. But character is visible in actions.” –
Apart from the open in tech and the recent shenanigans in USDCNH, don’t forget to keep an eye on the bonds as we move into the busy part of the week in terms of the economic calendar.
As we have been discussing, it will be every interesting to see how we trade into the end of the month with the likely tug-of-war between earnings ramps and upcoming QT, basically the reduction in the Federal Reserve System Open Market Account (SOMA).
Sorry but unfortunately, still no way of posting a weekly outlook video due to the fact that I am still struggling with my voice. Fingers crossed for next week at the very latest.
As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.
Wishing you a great day ahead.

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