Chart Book
Full 250+ Charts across Global Macro Markets
As promised, you will find the full chart book below, which comprises the momentum and reversal models I often reference across a whole spectrum of equity indices, rates, curves, FX, commodities, and crypto markets.
While the current high volatility period might be confusing, it’s important to keep an eye on what those models are telling us. In many areas, we have overextended levels to contend with. That makes sense; many assets moved multi-sigma over the last week. Fading these moves too early would have been costly, especially for market participants who have not yet had time to digest and react to what is unfolding.
A reminder that you can use my trading models in TradingView scripts, which I made available for subscribers to use on their charts. This is not free and incurs an additional cost. These are my momentum, reversal, and intraday models that I often reference. If you are interested, ping me an email with your TV username. Note that only paying subscribers will be granted access. No exceptions.
In tomorrow’s ATW, I will disentangle my thinking about what transpired last week and analyse previous episodes to assess what has changed a lot compared to previous periods, so we can map scenarios ahead. It’s all about planning ahead, so we are not caught off guard if certain scenarios unfold.
In the meantime, please read my Friday thoughts below.
Friday Thoughts
Only a week ago, we were contemplating the dangers and benefits of AI to companies, the labour market and the economy. Today, those thoughts have vanished. It’s funny, as I’m awaiting final details to publish a new post, reviewing the latest arguments while trying to answer the question whether the physical world actually imposes hard constraints on how quickly this disruption can happen, and what the true economics of AI deployment look like once you strip away the venture-subsidised consumer pricing. Anyway, this will have to wait while we are dealing with the effects of a war in the Middle East.
Be safe, and I shall be back tomorrow.
Let’s now scan the charts. There is a lot.
