EURO retested the previous low at 1.262 and reversed down but found support at the new low at 1.25. Need to overcome 1.262 to show its strength ...
JPY is forming a triangle ... continue to strengthen???
ZN wants to break out again ...
ZB is not as strong as ZN ... this is very apparent ...
Note that the plots are for the June contract. For trading, you may want to do the Sept contract.
Do you think ZN will be still bullish after settlement of Europe by the mid of June?
I would think Europe would be stable at that time. Then time for ZN/ZB to pullback.
What a day!
Unfortunately EURO is a lot weaker ... still making lower lows ... the momentum is not reduced.
JPY seems to have the tendency to break down from the 79.5 level ...
Bonds are turning weaker ...
ZN did break out but got knocked back ...
Both ZN and ZB are still in the channel, but have issues of making new highs ...
As for indices ... nothing new to say ...
Bulls are promising:
50% has been taken out decisively ... TF is the most bullish ... NQ is also stronger ...