Previous reports
How high can rates rise?
US bond yields are breaking higher, EUR/USD is testing key support, energy markets remain elevated and precious metals are correcting sideways, while the main US stock markets continue to hold their broader uptrends despite increasingly narrow leadership and growing vulnerability beneath the surface.
Read this report to see our latest technical insights and the most important support and resistance levels for the main markets...
Energy complex at a breakout point?
Crude oil and Dutch natural gas signal a potential larger uptrend phase, while bond yields trend higher and most major stock indices navigate mature uptrends..
Consolidation, complacency, and the risk of a melt-up
Global stock markets remain within broadly constructive longer term uptrends, but increasingly mature bull markets are showing signs of consolidation and investor complacency. While we continue to favour further gains in several major markets, the near-term picture has become less clear-cut. Could the next move be another leg higher - or even a late-stage melt-up - or are some markets becoming increasingly vulnerable to a more meaningful correction?
