Charts I’m Watching: Jul 2, 2019

The breakout fell flat, yesterday.  ES might have closed 26 points off the ramp highs had VIX not performed its usual theatrics.  Futures are essentially flat this morning as we await Fedspeak from Williams (centrist) and Mester (hawk.)  Despite nearly unanimous expectations for a rate cut in July, most of the recent such comments have tilted hawkish.Will today’s comments support the prevailing view? I’m not so sure.  And, I’m not so sure it matters that much.  The 10Y continues to cling tenuously to 2%.continued for members


Sorry, this content is for members only.

Click here to get access.


Already a member? Login below

Remember me (for 2 weeks)

Forgot Password