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SP500: another all time High

The S&P500 just notched another all time High as Yields and the US$ drift lower. US$ weakness helped to lift Gold and some commodity currencies and the Kiwi looks like it might be worth a closer watch.

 

Data:

 

DXY 4hr: holding below the 4hr Cloud BUT watch for any wedge b/o: up or down.

 

TNX daily: lower again today BUT watch for any Bull Flag:

 

Trend line breakouts:

EUR/USD 4hr: this TL b/o is now at 140 pips so watch for any push to 1.20:

 

Gold: has broken above $1,750.

Gold 4hr: this TL b/o is now at $30:

 

Gold 30 min: note how the move came after the Asian session:

 

USD/JPY: now down near 109.

U/J 4hr: this TL b/o is now at 140 pips so watch 109 for any new make or break:

 

U/J 30 min: note how most of the move came after the Asian session:

 

GBP/JPY: now down near 150.

G/J 4hr: this TL b/o is now at 300 pips so watch 150 for any new make or break:

 

G/J 30 min: note, again, how the move came after the Asian session:

 

Other markets:

S&P500 4hr: watch for any new TL b/o:

 

ASX-200 4hr: tested 7,000 yesterday so watch for any new b/o:

 

AUD/USD 4hr: watch for any new wedge b/o:

 

GBP/USD 4hr: watch for any new wedge b/o:

 

NZD/USD 4hr: watch for any new wedge b/o: