Charts I’m Watching: Apr 4, 2023

After reaching our next upside target, futures have settled into a pause.

No surprise, as the algo factors are doing the same.

continued for members

Keep in mind that the Fed, in pursuing lower inflation, cannot allow DXY to break down. So, EURUSD should be done.

USDJPY is a little trickier, as NKD has reached obvious overhead resistance. GC and especially SI are likely done as well. CL has the pull of the SMA200 just above… …while RB should probably backtest following its breakout.The bond market is relatively quiet, with the 2s10s well below a breakout. GLTA.