The Bloom is Off the Rose

Futures are off modestly as we approach the open. Aside from a few formerly shiny objects… …all eyes are on Thursday’s CPI.

continued for membersThe bigger picture remains unchanged.

The currency picture is unchanged.

BTC has finally backtested the H&S neckline and .618 Fib.Oil and gas are off slightly. Perhaps OPEC+ is starting to get the message: continue raising prices at your own peril. The blowout BP earnings were salt in the consumers’ wound and will not aid in the industry’s PR campaign.