x/ bonds and the U.S. dollar.
Commodities are very ugly especially given China’s monetary moves over the weekend, which, generally, would send them to the moon.
We’re also a bit surprised by the complacency given the fugly charts and waiting for a big flush out before even thinking about getting off the sidelines. In the interim we’ll scalp to make a few bucks (or lose a lot).
(click here if charts are not observable)