Futures are flat in advance of today’s FOMC announcement. I don’t know whether the FOMC will have the courage to announce a rate hike in the wake of the recent (dubious) CPI print. But, Trump’s inability to put the Middle East back together after single-handedly breaking it has left us with one of the most disastrous economic scenarios since the Great Financial Crisis.

CL has completed a very well-formed Flag Pattern targeting 131.54.

The 2s10s has finished its backtest and is prepped for a sizable downturn.

Both the 2Y and the 10Y have clearly broken out.