$DJI still rangebound, $VIX weakening again, Yields mixed
Good morning update.
The
DJI
is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates.
The
SPX
showing some strength & currently in small trend higher.
But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing.
VIX
is weakening again.
RUT
is still in a rut 😆
There's a lot of mixed data!
---------
#Yields 2yr & less are looking weak & trading under all short term avg's.
Longer term are looking better, normalization of curve?
Weekly shows huge selloff but RSI is stabilizing.
US #Dollar looking to take its current downtrend out.
DXY
That's it for now, ENJOY your day!!!
The
DJI
is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates. The
SPX
showing some strength & currently in small trend higher. But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing.
VIX
is weakening again.
RUT
is still in a rut 😆 There's a lot of mixed data!
---------
#Yields 2yr & less are looking weak & trading under all short term avg's.
Longer term are looking better, normalization of curve?
Weekly shows huge selloff but RSI is stabilizing.
US #Dollar looking to take its current downtrend out.
DXY
That's it for now, ENJOY your day!!!