The VIX meltdown / ES meltup continues.
continued for members…There is nothing bearish happening in any of our charts. Yet, many are throwing off hints of equity downside. Still looking for a correction to the 3.618 extension. Timing is looking like late August.
CL and RB continue to go nowhere…
…while USDJPY sure seems to be arcing back towards a rendezvous with its emerging SMA200…
…while gold and silver are still paralyzed. Gold is backtesting its broken purple channel.
…while SI contemplates its own continuing backtest.
The 10Y continues to inch higher…
…while BTC takes another shot at breaking out past its SMA200.
More after the close…

