Here He is.
Hallowed be his glorious name. US Treasury 10 Year Yield
Get Ready for a Slow Moving, but Perfect Storm
And for our usual focus on the intraday matters, the hourly ES chart still has a 5 day cycle projection of 4690. Trend support is at 4645 as of 6:45 AM ET. If that holds, then the cycle projection remains doable.
If 4645 breaks, bears have a shot. Only a shot, not a guarantee. There’s more support at 4630 and 4625 as New York opens. They’d need to be broken to get the ball rolling downhill.
Meanwhile for rest of the big picture.
Gold Shows Every Sign of Doing This Now (and Forever)
Is It Time to Quit if Your Chart Picks Crushed the Market Last Week?
How to Tell When This Inconclusive Market Turns Dangerous
Prepare for Market Doom, the Moment of Truth Is Here
Gold Hangs By a Thread on the Eve of Destruction
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