Charts of the Day

“Fill your bowl to the brim and it will spill. Keep sharpening your knife and it will blunt. Chase after money and security and your heart will never unclench. Care about people’s approval and you will be their prisoner. Do your work, then step back. The only path to serenity.” – Lao Tzu

If you missed it, you can take a look at our > Latest Weekly Outlook Video.

Here are some of the charts we will be reviewing and discussing today:

• Crude still under pressure and into KEY support > CL_F Daily

• Dollar still looking for direction into this sloppy resistance zone > DXY Weekly

• Germany still not looking pretty. Swing in play and we have now given back 2 years of free money stimulus > DAX Weekly

• As discussed Tech broke back in July with Netflix and the repricing is in play > NQ_F Daily

• The Generals did a very good job at paving the way to the upside, so it’s only natural that they do the same to the downside > FANG Daily

• Still stuck inside the yearly range and no change in outlook; we expect yearly lows to be revisited > SPX Daily

• As we have been discussing since 2017, Junk is really painting an ugly picture. ignore at your own peril > JNK Weekly

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