Interesting views. Certainly appears that the greenback
can have some legs so that oil and energy can cool off. If it
goes to new hights we could see oil/energy get back deep into those
big patterns - that would be awesome. I think XOM pinochio'd
out of the large pattern but hope it drops back in, otherwise will
look for further breakout and then retest.
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Bonds, Yields, Dollar
Posted by matt on 7th of Oct 2022 at 10:04 am
$TNX - Chart Link- bounced off support early this week
TLT - Chart Link- got smacked down at that downtrend line on Monday
UUP - Chart Link- we'll see if this makes a new high or a lower high
Interesting views. Certainly appears that
Posted by fredsaid on 7th of Oct 2022 at 10:14 am
Interesting views. Certainly appears that the greenback can have some legs so that oil and energy can cool off. If it goes to new hights we could see oil/energy get back deep into those big patterns - that would be awesome. I think XOM pinochio'd out of the large pattern but hope it drops back in, otherwise will look for further breakout and then retest.