ZN - JPY/DXY - Trouble in Asia

10-Year T-Note FuturesCBOT

Description

⋅ Sep 24, 2021 11:49 AM

With DX Strength coming from the JPY Pair...

The Red Swan continues to build from our months
long indicated Vector - China.

The CCP announced they will only bail out Domestics.
ETF Passives hold, indirectly, a far larger stake in
China's Economy then is openly acknowledged.

Never has the South China Sea - been this active
militarily.

TSML... in questions as to how that evolves.

The 6e is weak, very weak. It has yet to break the
.382s on RTs.

FX dislocations, as indicated - are here.

8 AM EST will set the tone trade for the Longer End
of the Bond Curve.

ZB has been far more reliable in providing indications
as to how Participants are positioning.

The Flight to Bond Safety is coming into question again
as Bond Holders are challenging the FED's narrative:

"There is no Inflation IF we remove it from our Models"

Genius Jerome, there are some statements during the press
conference... He should simply give up on these PR stunts.

They have become a complete and total F A R C E

Comments

HK_L61

⋅ Sep 24, 2021 6:19 PM

Continued push into Higher Highs will send Equities lower soon, 1.50 break and we should anticipate a reversal.

A Friday downer would be powerful were it to appear in the final hour without new highs above 15333 for NQ,
any close below 4455 on ES would be a large Negative.

HK_L61

⋅ Sep 24, 2021 6:01 PM

Bonds unusual late Day move.

HK_L61

⋅ Sep 24, 2021 2:59 PM

Grinding on up as TLT begins its journey South.