Wink, Oil is almost on support, but am expecting a bounce.
Bonds should have one more down move, but as in past SPX should hold, then the tens can bounce from the 38.2% line taking SPX up with it as well to the underside of recent support.
USD interesting though, looks likely to jump up to 77.5 before heading further down, it doesn't look particularly strong atm.
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Shanthar Pathmanathan, MD
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