Charts I’m Watching: Feb 20, 2024

Futures are off moderately this morning as investors prepare for FOMC minutes and NVDA earnings tomorrow.

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SPX’s SMA50 is just about to its former highs.Note that VIX is back above its SMA200.

Currencies are still somewhat on the fences… Oil and gas are backing off their highs, but TNX is taking another shot at its SMA200. stay tuned