Week Ahead 22

Equities
US equities are trading in a narrow range.

DAX could not break above the 13150 minor resistance and its is trading now bellow 13k.

Bonds
US yield reversed sharply easing the spread differentials.

Commodities
Oil was sold off sharply at the and of the week as OPEC and Russia indicated some output increase.

Gold
Gold could not clime back to the longer term range as it bounced back from the 1300 level. 

FX
The USD rally is facing a major resistance now.

Week Ahead 20

Equities
US indices broke the mid April high. The next resistance for SP500 is at 2800 the mid March high, whereas for NQ the 7200 record high.

Dax should break the 13150 minor resistance before heading to 13600 all time high.

Bonds
US yields continue to climb making the spreads wider.

Commodities
Commodities are higher as oil was up due to the US withdrawal from the Iran deal.

Gold
Gold broke the 1320 resistance but the Friday bearish pin bar was a sign of some weakness.

FX
The USD rally did not continue last week. DX closed the week unchanged forming a bearish pin bar for the week.

Week Ahead 19

I've been away from trading for two weeks, so now it is the difficult exercise to sync with the markets. 

The big picture
- equities made two weakly pinbars, except for DAX that managed to break out (due to EUR weakness)
- US Yields are marching higher, the 10y was above 3%, whereas the German-US 2Y spread are bellow -3%.
- Commodities are about to break out led by OIL
- USD had three consecutive strong weeks in a row
I don't even try to read all the news behind the charts moves.

Equities
SP500 after a failed breakdown and a very strong 4h bullbar managed to produce a sort of higher high, though the more decisive resistance is at 2685. Same pattern applies to NQ, though it is already at the more important level. This happened with the USD gains. So buying pullbacks are more attractive than selling breakouts.

In case of DAX the daily chart is more informative. It looks as if it is breaking out from a longer term channel, but the EUR weakness makes it more difficult to asses. This time is more true than ever that it must be traded with a close eye on EUR/USD

Bonds
The charts speak for themselves.

Commodities

Commodities after retesting the breakout are making higher high. This is impressive a stronger USD environment. This is clearly driven by energy as 57% of DBC is in that sector.

Gold

Gold bounced back from a major support and finished the week with a not so strong pinbar. A USD correction could fuel more strong bounce back at least to 1320.

FX

DX rallied in the last two weeks against all major currencies.