Markets shrug off post ECB wobbles for now. All we can do is watch the key levels. Nothing else matters. Dont ty to make sense of it or try to predict where the market will be by the end of the year, that is just a fantasy.
SPX weekly is coming up to test the 52 week MA. This is absolutly still a top reversal pattersn. If it makes a weekly high that is higher than the previous one in November 2015.
JNK daily is rocketing higher after the consoldiation. Yield is falling quite rapidly with higher oil price.
2yr bonds are still in strong downtrend as yeilds continue to rise.
Oil daily pushing higher for now.
These charts are all that matters
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