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silver

Silver Pulls Back, Support at $24

Silver has been trading sideways since 2021, indicating a corrective move due to its choppy and overlapping price action.

US Yields: Possible For Move Down 3% Rather Than Back To 5%

In the years following the economic reopening after COVID-19, U.S. Treasury yields surged as inflation spiked significantly.

Analyzing the Potential Impact of CPI Data on SPX500 and DXY

CPI y/y reflects the percentage change in consumer prices compared to the same month of the previous year.

Chart of the Day – USDCNH – (January 4th, 2022)

The USDCNH reversed lower last October and rode the USD weakness. Early December we broke through a H&S formation pattern and after a S/T consolidation we seem to be resuming the downside.

Chart of the Day – DXY – (January 3rd, 2022)

The DXY had a strong day to start the year and it is threatening with a break higher after a 3 month move lower.

Chart of the Day – #WTI – (December 12th, 2022)

Crude oil closed last week at a key confluence of supports ~$77, while completing a double top target.