US10 Year yield : Attempting to bottom w/ support level at 4.40 ; previous yearly lows stood at 4.28 in January. Looking to see if rising rate has impact on consumer related stocks.
DXY: Recent bottom on Dec 1 as well, at 82.36/ with momentum attempting to bottom.
Crude: Holding the lows of Nov 16, at $56.15 - and $60 remains key support level. Although, near-term pullbacks might persist, weekly remains oversold.
S&P Energy and Gold Bugs Index - suggest a bottoming weekly profile. At the same time, daily appears stretched from recent run.
No comments:
Post a Comment