October 4th 2023 I’ve previously discussed the likelihood of the YTD VWAP being tested at 4230. Overnight, the market dipped to this point and has since experienced a substantial rally. Though this low is currently holding, we’re not entirely in the clear. Even though we’ve hit my target, the daily Bollinger bands continue to indicate […]

IN THE OVERNIGHT 4 OCTOBER

Asia RED …Europe GREEN TOP STORIES OVERNIGHT Bond Selloff Upends Markets as Long-Term Borrowing Costs Surge-BBG A selloff in global bond markets gathered pace, driving long-term borrowing costs in the US and Europe to the highest level in more than a decade, quashing appetite for riskier assets and dimming the outlook for growth. Traders are […]