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.

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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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