Despite plenty of bombshell news, ES has spent an entire week wedged in between its 10- and 20-day moving averages.

With the USD spiking higher and VIX getting the bounce we anticipated, can it break back above its IH&S target?

continued for members…

This is ES’ IH&S target which it briefly topped, but is now back below.

VIX has also been stuck between its 10 and 20-day SMAs despite repeated smackdowns at its daily highs… …but its SMA10 is on the rise and its RSI got a very nice bounce.Note that EURUSD blew through our 1.0447 target and is now targeting its 1.02 target.

CL and RB remain wild cards, with breakdowns that didn’t last and recent apparent breakouts.