A.M. Look 10/26/22

The story line takes time to develop. Technicals are always the leading indicator.

Yra has been positing the problematic dollar for quite a while.

Euro & Pound hit 4 decade hold levels last month. They were free exit zones for long dollar positions.

USD/JPY is still making up its mind with traders still pressing the yen crosses.

Spoo is a very technical lemming effect trade. It’s the gift that keeps on giving and the room is taking!
By holding 3825, Spoo can rally again.

It’s a trade!

30 Yr. has relieved its pressure with a reversal on the 32X3. There is room for another point higher.

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