4 Charts You Should Not Look At

by stockboardasset

Glancing at the chartbook this morning, the US Dollar on a monthly timeframe is headed to the pivot 95.71.

Over to the UST10Y on a weekly timeframe, price action is indicating a rejection of the R3 2.961 — after last week’s 3.129 tag.

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I continue to maintain the 2,711.3 R1 on SPX500 monthly is the line in the sand to gauge the next directional imbalance. This month will either accept or reject the line.

To conclude, WTI on a monthly timeframe is rejecting the R3 72.62 level — with a possible revisit of the 200sma at 65.84.

 

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