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What are the charts telling us about the market next week?

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ticker lesson

Breakdown

0:00S&P 500· ticker

S&P 500 — up 1.2% week, bull flag broken

  • S&P 500 up 1.2% week
  • Bull flag broken on Monday
  • Bounced after testing
  • Bias up for next week
1:49DXY· ticker

DXY — up 0.8% week, bearish reversal bar

  • DXY up 0.8% week
  • Bearish reversal bar expected
  • Bounced up instead
  • Waiting for third trend line point
1:50VIX· ticker

VIX — fear indicator, market unafraid

  • VIX shows market fear
  • White line = unafraid
  • Current level = unafraid
  • Bias down for next week
1:5110-year Treasury· ticker

10-year yield — high, last seen 2007

  • 10-year yield high
  • Last seen 2007
  • Interest rates 'high' 19 years ago
1:5230-year Treasury· ticker

30-year yield — high, last seen 2004

  • 30-year yield high
  • Last seen 2004
  • Interest rates 'high' 23 years ago

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