There hasn’t been a lot of change other than a bit more EUR/USD weakness. Caution is needed today though given the release of US CPI data. A disappointing print could undermine recent US$$ strength so caution is needed.

Data:

Earnings:

DXY weekly: note the uptick with the bullish +DMI. However, overall ADX momentum continues to trend lower BUT watch for any uptick here:

Markets:

SPX 4hr: watch for any new TL b/o:

ASX-200 4hr: looking bullish:

Gold 4hr: some new trend lines here BUT not the best as I have left out the spike low. However, the wedge kind of jumped out at me:

EUR/USD 4hr: lower again but the wedge is still brewing here so watch for any new TL b/o AFTER the CPI release:

Most other charts little changed from yesterday’s update.