So, $BTC breaking the level & 52kish is likely next

Weekly #BTC @ the green moving avg
Historically, it's not been the best gauge, it's ok

The last 2 charts show the trajectories we expect for #bitcoin to follow through

Short term #yield higher
Long term turned & are catching a bid

ATM it doesn't look like they're going down any time soon, not good longer term

Was speaking with loan officer yesterday & they believe they must lower before election

What if it goes higher before lower?
$TNX

Lots of talk about the #Dollar & #Yen
$DXY has done well

We've spoken on Japan a few times over the last year

Daily shows that this trade is exhausting SHORT TERM
Look at that volume!

Likely Japanese govt is intervening!

Short term bond #yields solidified recently & longer term began to weaken

Unless this reverses fast the yield curve normalization is not going to happen

$TNX

Commodity prices have been moving higher for some time now, this is due to...

Uncertainty in the Geopolitical
Strong AI demand
US growth

JUST IN: 43% of small businesses in the US were unable to fully pay their rent in April, the highest share since March 2021.

Delinquencies were the largest among restaurants where 52% became delinquent in April.

More than 50% of small businesses claim that now rents are higher

It's only a matter of time before more collapse...

$BNB still looks better than most major #crypto

$BTC $ETH
$SOL $ADA
$XRP $DOGE

Here is the 2nd visible GAP DOWN for $DJI
Tends to be 3, usually

Breakout level is not far from here
That is the level we expect to be retested

IF the RSI gets stronger the entry level for a longer term hold will be @ breakout level

4Hr > encouraging signs
$DIA $UDOW $SDOW

$TSLA held decently
$BIIB so so
$BA is true to the name, dog

$META beats and tanks after hours...
People always ask why does this happen?
Look at expectations and euphoria in the company, it's also had a huge run, profit taking

Long term Yields are looking strong, as we expected
Short term #yields were weaker but begin to hold

$TNX 10Yr closing in on 2Yr
Last time it was close but did not normalize

Last chart shows 10Yr higher than Bank Closings

Been bullish for some time now
Every so often we see a pause

While he is right in many aspects he's been wrong when it comes to stocks

The fact that he is beginning to turn around should raise an eyebrow

Many of them have sold a ton of stock, maybe next year we peak

3 dogs performing well today

$BIIB $BA $TSLA

$TSLA performed well after earnings

Will take some profits here
Leaving some for the long term and rebuying on dips

#Crypto has also done well since the call

$BTC futures, AGAIN, pretty consistent, no?
Held Moving Avg & support underneath
Spot traded beneath Mov Avg, false breakdown

$ETH bounced
Looks stronger on Futures vs Spot

#BTC Shorts covered
#ETH largest short position in long time

Since the Index or #stocks call

$DJI $NDX $SPX $RSP $MDY & $RUT
All are bouncing nicely

Question:
How far will they go?

$VIX tested the top part of the range & has pulled back

We're still on pace to break the support levels

Last chart
Very unique bear market for #VIX last cycle
We could base for the next year or so, then bear again
OR
We could break & full steam ahead

Short term Yields - 1 & 2Yr
They've stopped going up & are trading sideways
+
Long Term #Yields 10 & 20Yr $TNX
Have stopped but don't look as weak as short term
-
Weekly
1Yr forms Bearish Head & Shoulder

Longer Term
Keep👀on how it responds in the next few weeks