Daily Market Intelligence 11/17/22

The technicals in the Indices have not changed.

XLU,Utilities0 keep rejecting their 400DMA

Nikkei is trading @ the opening range of the life of contract.

Tonight the key will be the European debt, which are all @ make or break levels.

Whichever way the European debt goes so goes the U.S.

If they buy more European debt the long end of the U.S. curve will not back off.
The opposite is also true.

Tomorrow into Friday will be telling for the technical models which are 2-3-week lagging indicators.
They can go neutral.

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