DXY bounced off of a very long term trend line established back in 2011, also closing above the psychological 93 level here shown in the weekly chart. With traders returning from summer holidays (volatility) and going into the election home straight, I'm bullish in the short term at least. I would look for a long to 94.6 / 95 area (March low) before reassessing the trade.
Gold miners forming a triangle, preparing for another run at the 1480 level. I'm bullish despite the reaction post-FOMC, especially as that reaction has quickly faded through today.
I was bullish about LSEG as it has some nice pieces of financial infrastructure (LCH) and data companies (FTSE, Russell, soon Refinitiv). The latest interim update seemed quite upbeat - revenues up, regulatory approval for Refinitiv on track, integration planning on track, dividends up.
However the stock is behaving like a big elephant is sat on the all time high...
IH2O is consolidating around 200dma, which is also right in the middle of what was a long 2H19 consolidation. Price action so far supported by 50dma, I'm bullish with a target of 3750 - where the Feb/Mar sell-off continued.
30+ Year USTs forming a clear inverted cup and handle. With stocks pushing upwards this is destined to fall. First target 455.
I'm actually bullish USTs because there is still the election on the way, it's a nice hedge as part of my portfolio but I won't fight the price action here.
VFEM is above 200dma but closed below an important resistance level. I think it will regroup (go lower) before trying again. Holding above should be good for 45.7 which seems to be the next resistance.
Having made the all time high at the beginning of June, Orsted has been consolidating for the whole month to have another crack at the ceiling. It's now breaking out and will go easily beyond 800.
