Charts I’m Watching: Mar 6, 2023

Futures have slipped slightly higher in advance of the open, adding to Friday’s spasmodic meltup.

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No surprise that equities are leaking higher with Powell’s congressional testimony on deck.  It’s a typical move ahead of any major Fed announcement. Although USDJPY hasn’t broken out, NKD has. It would be simpler if the BoJ would just announce each week’s closing prices in advance.

Oil and gas are both off modestly. But, note that CL’s last two sessions represent a breakout of sorts.