Futures are up slightly as we approach the open, still hovering around our backtest target.
continued for members…
Pardon the delay – technical problems with ToS this morning. While we’re on the topic of technical problems, California is currently under threat of rolling blackouts. So, if you find the website not updating properly this morning, check the news. It was 105 degrees in the Bay Area yesterday – an insanely high temperature as most people don’t have AC.
The equity picture:
Currencies are split, with USDJPY currently trading through the 161.8 and EURUSD struggling to hold support. DXY has officially reached our 110.251 target.
Oil popped higher this morning on the news that OPEC+ 100K barrel-per-day output cut. But, it quickly backed off and is slightly lower – at the bottom of the same trading range it’s been in for the past month.
With oil and gas stalling, TNX is rising again.
GLTA