Fresh from the Trading Room: Always a bull market somewhere

From cmegroup.com

Major G7 currencies have posted significant gains against the U.S. dollar in recent weeks, confirming a broad-based USD weakness across the board. chart The 10-Year T-Note futures have completed a textbook inverse Head-and-Shoulders pattern, breaking decisively above the neckline, signalling a potential trend reversal and further upside. chart Crude has been compressing within a multi-year descending triangle. As price action approaches the apex, the likelihood of a directional and volatile breakout increases. Following a strong rally, copper was rejected at a key overhead resistance. With mounting recession ... (full story)