RISK OFF FRIDAY
The King, Dollar Index, is in a Weekly BuySide SellSide Imbalance, BISI. Is this the end of a RISK OFF Spell for Risk Assets and a possible uptake for Dollar.
10 Year US Yields, US10Y, has led the way into its own Weekly BISI. Currency follows the Rates...so I would be highly cautions this RISK OFF FRIDAY
Afterall, the Rates are not yet cut, the indication of possible rate cuts scheduled for next is not enough to push through the weekly SIBI, or is it?
...from Kong with LOVE...
10 Year US Yields, US10Y, has led the way into its own Weekly BISI. Currency follows the Rates...so I would be highly cautions this RISK OFF FRIDAY
Afterall, the Rates are not yet cut, the indication of possible rate cuts scheduled for next is not enough to push through the weekly SIBI, or is it?
...from Kong with LOVE...
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