$DJI still rangebound, $VIX weakening again, Yields mixedÂ
Dow Jones Industrial Average IndexDJ
Description
â‹… Good morning update.
The TVC:DJI is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates.
The SP:SPX showing some strength & currently in small trend higher.
But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing.
TVC:VIX is weakening again.
TVC:RUT is still in a rut 😆
There's a lot of mixed data!
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#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.
TVC:DXY
That's it for now, ENJOY your day!!!