Charts I’m Watching: Aug 21, 2023

Futures are up modestly in advance of the Jackson Hole symposium. continued for members

Despite having tagged its SMA200, VIX hasn’t really backed off. Note that equities often reach lower lows even when VIX makes a lower high – and VIX hasn’t yet tagged the top of its falling white channel.EURUSD still looks vulnerable to a SMA200 tag. Can it hold the yellow channel line?

USDJPY could run up to its .886, but for now seems content to merely threaten that. And, DXY is embracing its SMA200 for the third session in a row. GC has officially tagged its SMA200, as SI backtests its. And, BTC clings to its channel bottom. TNX continues inching higher toward our 4.75 target.