USD reversal. Yen may well have some intervention coming. GBP is testing a possible swing low reversal off 1.216. If so, likely to be a be further downside to test key level 1.2
Yellow cake PLC. I like to trade this, currently £3.58 down hard from £4.07 two trading days ago. Due for a bounce or does it create a SFP (Trader Dante swing failure pattern) under £3.43?
Gold/Silver. I am irresponsibly long and quite happy with that. Got stopped out of a small Platinum long on overnight Sunday session.
Crude. 118.86 looking like it wants to break down, first target 117.19.
US 10Y. 3.278% and continues to rise. US govt is insolvent around 4% according to many commentators. Interesting times. Due for a short-term pullback based on overstretched action to the upside, but at the same time who is going to be buying?? Bonds are toast and the Fed is stuck. I would not like to be Powell.
Stocks. I have a limit buy order for S&P500 at 3785. UPDATE: Pulled this before US open. Stocks are screwed, I don’t want to trade against this trend.
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