Charts I’m Watching: Feb 28, 2024

Futures are off moderately in the lead up to tomorrow’s important PCE print.

continued for members

 

The algo factors are largely unchanged except for the slight uptick in DXY, which preserves the rising red channel and SMA200.

CL and RB are edging slightly higher, which is helping to put a floor under the 10Y. The Israel-Hamas cease fire rumored to be making progress is reportedly kaput.

 

 

continuing