Friday Paper Charts

July 21, 2023

Happy and TGIF to you all. This was quite a week with some relatively sizeable moves and interesting developments.

First off a summary of articles that I published this week:

• “On Goals”: My experience and system of setting personal goals

• “Has QE altered power of rate hikes”: Some thought and analysis. I have made this article free for you to read.

• I have also started PAC this week. Paper Alfa Chat. This is to provide more communication contacts within the pack.
  

In addition, I have sent out two model signal alerts this week, which proved rather timely. I have removed the paywall so you can check them out for yourself.

The first one from Tuesday morning highlighted a reversal risk for US stock indices, especially NQ.

In the same note, I highlighted the oversold conditions and likely consolidation in EUR/USD and especially GBP/USD. Similarly, the model was flashing reversals in AUD/CAD and USD/KRW. Happy to say that all signals worked out as highlighted.

The follow-up note on Thursday morning highlighted that US equity index reversals were in play. Furthermore, I explored the notion of US bonds to resume their downward trend as upside momentum seemed to fizzle out. In this case, the model gave a signal to short 2-year (ZT) futures again.

If you want to be part of the pack that receives those timely alerts, hit the button below.

The past is the past. What is done is done, so with that in mind, let’s see what the model holds for us in store as of today (there are a few things flashing up). I have now added FX futures (thank you for the kind suggestion) which are a better reflection of total returns and more agriculture commodities as well.

In general, I am covering global equity indices, rates & curves, FX, commodities & crypto. I will be adding more markets and securities as we go along.

Now, let’s go.